Calculate the labor-force participation rate

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Reference no: EM13250410

Suppose that the country of Bigu has a population of 127 million, of which 83 million are in working- age population. of those, 2.5 million are not in the labor force and 52 million are employed.

A. Calculate the working-age population as percentage of the population.

B. Calculate the labor-force participation rate.

C. Calculate the unemployment rate.

Reference no: EM13250410

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