Business, 25.05.2021 02:20 Kimmie2019
Suppose the working-age population of a fictional economy falls into the following categories:
75 have full-time employment; 25 have part-time employment; 20 do not have employment, but are actively looking for employment; and 10 people are stay at home parents.
(1) What is the size of Labor force?
(2) What is the Unemployment rate?
Answers: 1
(%) 
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Suppose the working-age population of a fictional economy falls into the following categories:
75 h...
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