The table shows employment statistics for a fictional country. Use the information to answer the questions. Round your percentages to two decimal places. Category Number of people Employed 4505 Unemployed 482 Not in the labor force 551 What is the total labor force? What is the labor force participation rate? % What is the unemployment rate? %

The table shows employment statistics for a fictional country. Use the information to answer the questions. Round your percentages to two decimal places. Category Number of people Employed 4505 Unemployed 482 Not in the labor force 551 What is the total labor force? What is the labor force participation rate? % What is the unemployment rate? %

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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