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Employment rate of the country

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In country Kona, there are a number of people working, b number of people looking for jobs, c number of students above age 16, and d number of retirees.

a) What's the unemployment rate of country Kona?

b) What's the employment rate of the country?

c) In case of a recession, would the unemployment rate be a good measurement of the severity of a recession? Why or why not?

Reference no: EM132235652

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