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Business, 24.06.2021 15:50 avaleasim

Suppose the population of a country is 1.1 million and the labor force is 800,000. 760,000 are employed. Assume that full-employment occurs at a 4 percent unemployment rate at a real GDP level of $100 billion. Based on the information above, what is the unemployment rate

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Suppose the population of a country is 1.1 million and the labor force is 800,000. 760,000 are emplo...
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