Population: 350 million Working-age population: 250 million Labor Force: 150 million Number of people Employed: 135 million The unemployment rate for this economy is %, and the labor force participation rate for this economy is %.

Essentials of Economics (MindTap Course List)
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ISBN:9781337091992
Author:N. Gregory Mankiw
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Chapter20: Unemployment
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Population: 350 million
Working-age population: 250 million
Labor Force: 150 million
Number of people Employed: 135 million
The unemployment rate for this economy is
%, and the labor force participation rate for this economy is
%.
Transcribed Image Text:Population: 350 million Working-age population: 250 million Labor Force: 150 million Number of people Employed: 135 million The unemployment rate for this economy is %, and the labor force participation rate for this economy is %.
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