Suppose the total population is 200 million workers, 100 million of whom are in the labor force. 80 million people are employed full time and another 16 million are employed part time; 5 million people are "discouraged workers." the unemployment rate is:

4%

Step-by-step explanation:

unemployment rate = unemployed people / total labor force

The total labor force = 100 million

The unemployed people can be calculated substracting the people who are employed full time and part time from the total labor force

unemployed people = 100 – 80 – 16 = 4

unemployment rate = 4 / 100

unemployment rate = 0.04 = 4%

college

2/3

step-by-step explanation: