Question: Question 4 Define labour force participation rate and explain why it is always less than 100%? A news article stated that both the unemployment rate

Question 4

  1. Define labour force participation rate and explain why it is always less than 100%?

  1. A news article stated that both the unemployment rate and the labour force participation rate has decreased by 0.2 and 0.4 percent respectively.Is this positive news for the economy?Explain.

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