11. Suppose that you are given the following information:| Labor force 206.2 million Adults in the...
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11. Suppose that you are given the following information:| Labor force 206.2 million Adults in the military Nonadult population Employed adults 1.5 million 48.0 million 196.2 million Institutionalized adults 3.5 million Nonmilitary, noninstitutionalized adults not in labor 40.8 million force What is the total population? а. b. How many people are unemployed, and what is the unemployment rate? What is the labor force participation rate? (10 POINTS) с. 11. Suppose that you are given the following information:| Labor force 206.2 million Adults in the military Nonadult population Employed adults 1.5 million 48.0 million 196.2 million Institutionalized adults 3.5 million Nonmilitary, noninstitutionalized adults not in labor 40.8 million force What is the total population? а. b. How many people are unemployed, and what is the unemployment rate? What is the labor force participation rate? (10 POINTS) с.
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