Question: Using the following data, compute (a) The unemployment rate, (b) The employment rate, (c) The labor force participation rate. The civilian noninstitutional population = 200

Using the following data, compute
(a) The unemployment rate,
(b) The employment rate,
(c) The labor force participation rate.
The civilian noninstitutional population = 200 million, number of employed persons = 126 million, and number of unemployed persons = 8 million.

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