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QUESTION
Calculate a) labor force, b) labor force participation rate, and c) unemployment rate if the population of a country is 340 million people out which
Calculate a) labor force, b) labor force participation rate, and c) unemployment rate if the population of a country is 340 million people out which 62 million are under the age of 16, 48 million don't want to work and 20 million are looking for work.
