Question: Part B. Computations and Graphing 1. Labor Force Statistics. Find the values for A, B, C, D, and E. (20 points) Please show calculations and

Part B. Computations and Graphing 1. Labor Force Statistics. Find the values for A, B, C, D, and E. (20 points) Please show

calculations and provide solutions below. Civilian Civilian Labor Force Not in non-

Total Labor Force Employed | Unemployed the institutional Participation | Total |

Part B. Computations and Graphing 1. Labor Force Statistics. Find the values for A, B, C, D, and E. (20 points) Please show calculations and provide solutions below. Civilian Civilian Labor Force Not in non- Total Labor Force Employed | Unemployed the institutional Participation | Total | Employment | Total Unemployment | labor population Rate . Rate Rate force 450,655 246,970 |A B C 9541 |D E A= B= C= D= 2. Minimum Wage Graphing and Explanations (20 points) a. Draw a graph showing a market in equilibrium. Then show the market after government enacts an effective price floor in that market. (You may draw and copy and paste as an image here.) b. Using economic theory, explain how a price control, such as a minimum wage, can adversely affect unemployment of low-skilled workers. c. Explain why governments will intervene in the market by increasing the minimum wage

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