Question: Consider the economy whose data appear in the table below. Working - age population 1 3 0 , 0 0 0 Labour force 6 5

Consider the economy whose data appear in the table below.
Working-age population 130,000
Labour force 65,000
Unemployed 12,000
Instructions: Round your answers to one decimal place.
a. The unemployment rate is
%.
b. The labour-force participation rate is
%.
c. The employment rate is
%.

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