(Table: Labor Force Data) Use Table: Labor Force Data. Suppose the labor force participation rate is 70%. The number of unemployed adults is million. Table: Labor Force Data Total population 350 million Population aged 16 and older 260 million Employed 155 million 6.2 95 46.5 105
(Table: Labor Force Data) Use Table: Labor Force Data. Suppose the labor force participation rate is 70%. The number of unemployed adults is million. Table: Labor Force Data Total population 350 million Population aged 16 and older 260 million Employed 155 million 6.2 95 46.5 105
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:(Table: Labor Force Data) Use Table: Labor Force Data. Suppose the labor force participation rate is 70%.
The number of unemployed adults is million.
Table: Labor Force Data
Total population
350 million
Population aged 16 and older
260 million
Employed
155 million
6.2
55
95
46.5
105
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