(Answered) In 2015 approximately 59 percent of the adult population

Management Studies

In 2015, approximately 59 percent of the adult population (250 million) was employed, among the lowest employment rates in 20 years. If the employment rate increased to the prerecession level of 62 percent,

a. How many more people would be working?

b. By how much would output increase if GDP per worker was $100,000?

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