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Business, 13.01.2021 02:00 hipeopleitsme121

Imagine you are an economist in the country of Utopia. If the number of people in the adult, civilian, non-institutionalized people is 80, the number of employed
people is 55, and the number of unemployed people is 5, then the
unemployment rate for Utopia is *
Unemployment Rate Formula
U=
Unemployed People
Labor Force
x 100
6.3%
6.9%
7.5%
o
8.3%

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