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Suppose the workingminus-age population of a fictional economy falls into the followingcategories: 90 are retired or homemakers; 60 have fullminus-time employment; 20 have partminus-time employment; 20 do not have employment, but are actively looking foremployment; and 10 would like employment but do not have employment and are not actively looking for employment. The official unemployment rate as calculated by the U.S. Bureau of Labor would equal

Reference no: EM131116849

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