Question: Problem 1 (13 pts) Age Don't have a Don't have a Have a full Have a part job but are job and are Total time

Problem 1 (13 pts) Age Don't have a Don't have a Have a full Have a part job but are job and are Total time job time job looking for not looking one for one 70 50 40 30 170 290 Total 520 270 335 675 1800 a) [1 pt] What is the size of the labor force in this economy? b) [1 pt] Calculate the Labor Force Participation Rate for this economy. Report as a percentage to two decimal places. c) [1 pt] Calculate the Unemployment Rate for this economy. Report as a percentage to two decimal place

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