Category Number (millions) Discouraged workers 15 Unemployed workers 40 Employed workers 100 Population (16 years and over) 225 In the above table, the unemployment rate is Select one: a. 18 percent: b. 6 percent: c. 24 percent: d. 29 percent:
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Step 1: Calculate the total number of people in the labor force by adding the number of employed workers and unemployed workers. Show more…
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