. Economics The participation rate is the number ofpeople in the labor force divided by the civilian population(excludes military). Let L(x) represent the size of the laborforce in year x, and P(x) represent the civilian population inyear x. Determine a function that represents the participationrate R as a function of x

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A: I am attaching image so that you understand each and every step.

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A: Solution: The objective is make the table of values

Exponential Growth Model

The relation that represents an exponential function is: