Problem 1 (5 pts) Age Have a full Have a part Don't have a job have a job and Don't Total time job time job but are looking for one are not looking 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 places. d) [1 pt] Calculate the Employment Population Ratio for this economy. Report as a percentage to two decimal places. e) [1 pt] what is the Unemployment Rate for people aged 21-50? Report as a percentage to two decimal places. f) [8 pts] For this part, assume that nothing changed with respect to the population, i.e., those who were working kept their jobs and those who were looking for jobs kept looking for jobs. Choose between (increaser'decreaselnot changes) A) A baby is bom. i) Unemployment Rate will ii) Labor Force Participation Rate will iii) Employment-Population Ratio will