(Answered) In 2016 there were approximately 1592 million people in the

Economics

In 2016, there were approximately 159.2 million people in the labor force and the unemployment rate was 4.9 percent. If the unemployment rate had been 4.5 percent instead of 4.9 percent,

Instructions: Enter your responses rounded to one decimal place.

a. How many fewer workers would have been unemployed?

___ million

b. How many more would have been employed?

___ million

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Business Economics, Economics

Category:- Business Economics
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