Question: Problem 2. (problem 5.10 page 64) consider an economy in which the overall unemployment rate is 18%. Moreover, 20% of individuals are college graduates, and

Problem 2. (problem 5.10 page 64) consider an economy in which the overall unemployment rate is 18%. Moreover, 20% of individuals are college graduates, and 2% of all individuals are unem- ployed college graduates. a. If I pick a college graduate at random, what is the probability that he or she is unemployed? b. If I pick a person at random from those who are not college graduates, what is the probability that he or she is unemployed? c. If I pick an unemployed person at random, what is the probability that he or she is a college graduate

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