Question 1a) What is the difference between underemployment and marginal attachment to the labour market?(2 marks) b) The current unemployment rate is 7.5% and the number of people in the labour force is 165,475.

| April 14, 2018

Question 1a)    What is the difference between underemployment and marginal attachment to the labour market?(2 marks) b)    The current unemployment rate is 7.5% and the number of people in the labour force is 165,475. Use this information to find the following.(2 marks)i.    How many people are unemployed?ii.    If the working age population is 196,547, what is the labour force participation rate?c)    Suppose that … 

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