What is the unemployment rate, Microeconomics

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What is the unemployment rate

Problem: Assume that that a country's total population is 260 million. 24% of the population is under 16 years of age. In addition, 2.3% of adult population is institutionalized. Of the total labor force, 173 million are employed.

What is the unemployment rate?

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Microeconomics: What is the unemployment rate

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Microeconomics: What is the unemployment rate

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