referto the information for the U.S. economy provided below Year Nominal GDP Real GDP Labor Force (in Employed (in 1000s) Population (in billions of $) (2009 base year) 12,565 1000s) 2017 9,784 136,559 143,196 211,410 142,267 2018 17,376 15,584 244,663 155,511 2019 17,923 15,903 246,915 155,460 145,224 Find 1- The labor force participation rate in 2018 2- Unemployment rate in 2019 3- Calculate the Employment Population Ratio for this economy

referto the information for the U.S. economy provided below Year Nominal GDP Real GDP Labor Force (in Employed (in 1000s) Population (in billions of $) (2009 base year) 12,565 1000s) 2017 9,784 136,559 143,196 211,410 142,267 2018 17,376 15,584 244,663 155,511 2019 17,923 15,903 246,915 155,460 145,224 Find 1- The labor force participation rate in 2018 2- Unemployment rate in 2019 3- Calculate the Employment Population Ratio for this economy

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Interpret the table for each year.
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Can you please answer this with working shown. Thank you.
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am. 153.