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Given: 80 Million Employed;20 Million Unemployed;10 Million Collecting Unemployment Insurance

Question 381

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Given: 80 million employed;20 million unemployed;10 million collecting unemployment insurance benefits;10 million discouraged workers.Find: (1)the number of people in the labor force; (2)the unemployment rate.

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(a)80 million + 20 million = 1...

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