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Question
Suppose a country has a population of 61 million, of which 37 million are in the working-age population. Of those, 11 million are not in the labor force and 23 million are employed. The labor-force participation rate is
a) 42.6 percent.
b) 60.7 percent.
c) 70.3 percent.
d) 88.5 percent.
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