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Question: Calculate the unemployment rate and the labor force participation rate in the following cases:

a. Employed: 100 million. Population: 200 million. In labor force: 110 million.

b. Unemployed: 10 million. Population: 200 million. Employed: 90 million.

c. In labor force: 30 million. Population: 80 million. Unemployed: 3 million.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M92661176

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