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Scenario: The unemployment rate in Country Y is 6 percent, and the labor force is equals about 200 ...

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Scenario: The unemployment rate in Country Y is 6 percent, and the labor force is equals about 200 ...

Scenario: The unemployment rate in Country Y is 6 percent, and the labor force is equals about 200 million people.

Refer to the scenario above. Who of the people listed below would be considered part of the work force in Country Y?

▸ Peter, who is currently finishing his degree in economics and has a part-time job

▸ John, who is a stay-at-home dad

▸ Mary, who takes care of her sick mother at home

▸ All of the above

Textbook

Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

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citycyborg Author

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This helped my grade so much Perfect

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Thanks for your help!!

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Just got PERFECT on my quiz

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