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Social Studies, 06.05.2020 07:41 kelly3215

Suppose that the total labor force is 100 individuals with 10 unemployed. The unemployment rate is . Now assume that 10 people drop out of the labor force and that 10 remain unemployed. The new unemployment rate is .

A) 9 percent; 10 percent
B) 10 percent; 11 percent
C) 10 percent; 9 percent
D) 11 percent; 10 percent

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