Question: The question is displayed in the photo below. ASSIGNMENT #3 20 points. 1. SHOW YOUR WORK! Suppose a small economy has the following data: #
The question is displayed in the photo below.

ASSIGNMENT #3 20 points. 1. SHOW YOUR WORK! Suppose a small economy has the following data: # counted as employed 2 435,593. # counted as unemployed = 30,185 # counted as marginally attached to the labor force = 61629. # counted as discouraged workers 2 311(18. # counted as underemployed = 5,262. # of people aged 16 or older not in an institution = 611,453. a. Using the data aboye, calculate {12 points} 2pts. each i. the size of the labor force. ii. the labor force participation rate. iii. the U3 unemployment rate. iy. the U4 unemployment rate. y. the U5 unemployment rate. vi. the U6 unemployment rate. I]. Do some research and nd a goyernment funded program or policy that is aimed at reducing structural unemployment. It must NOT be a policy or program that was mentioned in any of the readings and slides. Cite the source where you found this program or policy. 4 pts. c. Read this article httpsji'cegr.neti'uroan-mythstructural-unemployment-in todayseconomyil and explain the authors' reasoning that structural unemployment is oyerstated. i.e. less than most other experts measure it to be. 4 pts
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