Suppose that in Figure 7-2, the number of people employed were to expand by 9.2 million, and

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Suppose that in Figure 7-2, the number of people employed were to expand by 9.2 million, and the number of people unemployed were to rise by 7.1 million. What would be the new values of the labor force and of the unemployment rate?

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Economics Today The Macro View

ISBN: 9780134478760

19th Edition

Authors: Roger LeRoy Miller

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Question Posted: Jun 23, 2017 08:33 AM

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Suppose that in Figure 7-2, the number of people employed were to expand by 9.2 million, and

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The labor force would equal the sum of the ...View the full answer

Economics Today The Macro View

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