ap macroeconomics chapter 7 notes

StudyNotes offers fast, free study tools for AP students.Our AP study guides, practice tests, and notes are the best on the web because they're contributed by students and teachers like yourself. What is GDP? . Syllabus (Updated 3/25). . Welcome! If you are redistributing all or part of this book in a print format, Unit 3 Young Republic PPT.pptx. If you can get five of your classmates to buy the notes, you will receive one 30-minute tutor session with Mr. Welker for free! Because of the influx of women into the labor market, the supply of labor shifts to the right. √ In short, more money is required each year to buy a given amount of goods and services. 7: Membrane Structure and Function categorized by importance of information. We referred to this study guide numerous times during our studies in AP Macroeconomics. . . . that are only available to members that contribute. What is Study Notes? Chapter 6: Markets, Maximizers, & Efficiency Notes, Chapter 5: Elasticity: A Measure of Response Notes. Welcome to APNotes.net! Chapter 7 The Global Financial Crisis By the end of this chapter students should understand The pre-crisis conditions that caused the Global Ginancial Crisis The events and mechanisms that contributed to the elevated financial cycle New entrants to the labor force, whether from college or otherwise, are counted as frictionally unemployed until they find a job. Practice AP Macro Questions. . Market. Charles Feng Notes.pdf: File Size: In this video, learn about the definition of economic growth and how growth occurs. Over 200 AP macroeconomics practice questions to help you with your AP macroeconomics exam prep. An institution or mechanism that brings together buyers and se… A table that compares the price of a product and the quantity… All else equal, as price falls, the quantity demanded rises an… Schedule or curve that shows the various amounts of a product… Market. . Glossary of terms from AP Macroeconomics; AP Macro sample chapter – Financial sector. One can measure the rate of inflation as either the annual percentage rate of increase in the average price level or decrease in the value of money. If we see enough demand, we'll do whatever we can to get those notes up on the site for you! Microeconomics If you are giving the regularly scheduled exam, say: It is Thursday afternoon, May 17, and you will be taking the AP Microeconomics Exam. AP Macroeconomics Exam. . Unit 9 Gilded Age.pptx. Example: The decision … scrAPES. 7 About the AP Macroeconomics Course 7 College Course Equivalent 7 Prerequisites COURSE FRAMEWORK 11 Introduction 13 Course Framework Components 15 Course Skills 17 Course Content 20 Course at a Glance 23 Unit Guides 25 Using the Unit Guides 29 UNIT 1: Basic Economic Concepts 41 UNIT 2: Economic Indicators and the Business Cycle AP US Government Notes. © Oct 23, 2020 OpenStax. … This is not based on the McConnell, Brue, and Flynn edition. Sample Decks: Chapter 6 - Introduction to Macroeconomics and GDP, Chapter 7 - Unemployment, Chapter 8 - The Prive Level & Inflation Show Class 19ECB501 - Fundamental Macroeconomics. Demand. Full employment – suitable jobs for all citizens who are willing and able to work 3. Macro Economics Notes for Class 12 CBSE Pdf contains notes of all chapters are part of Revision Notes for Class 12. Cracking the AP Economics Exams (2015) Website. Until you contribute 10 documents, you'll only be able to view the titles of the uploaded documents. 4.0 and you must attribute OpenStax. AP Microeconomics . Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. Study Guide for AP Macroeconomics. Which of the following would be an appropriate monetary policy measure to combat inflation? ECON 3010 INTERMEDIATE MACROECONOMICS . AP Macroeconomics Study Guide – Version 1.00 Created by Charles Feng I. 2. is any asset that can be easily be used to purchase goods and services. Prepare for the 2020 AP Macro Exam: Resources and exam preparation Every graph used in AP Macroeconomics: Resources and exam preparation. In order to access these resources, you will need to sign in or register for the website (takes literally 1 minute!) It is thus not necessary to read all or even most of the ar- Course Overview. 10 apples × 50 cents each = $5.00 sp 1 Macroeconomics Macroeconomics (Greek makro = ‘big’) describes and explains economic processes that concern aggregates. . AP MACROECONOMICS - block sequence: 2. AP Macroeconomics. To compute the amount spent on each fruit in each year, you multiply the quantity of each fruit by the price. Expansionary fiscal policy. This lesson supports the Financial Sector section of the Advanced Placement Economics course. How is the government involved? So what are you waiting for? Textbook content produced by OpenStax is licensed under a Name _____ AP Macroeconomics Sample Exam Any School USA Period 7 September 2005 1. A good variety of challenging questions. The exam covers six main topics, each of which has several major subtopics. Classroom procedures 2. We hit the traditional topics from a college-level macroeconomics course. programs are government programs intended to protect families against economic hardship. Resources for Economists. AP Exams are regularly updated to align with best practices in college-level learning. The AP Macroeconomics course covers the principles of economics that apply to an economic system as a whole. Home; Units 1-5 > > > > > Units 6-11 > > > > > > Notes. A publisher purchases 1000 reams of paper for $.50 per ream and 20 gallons of ink for $25 per gallon. Every online resource that you need to succeed in your AP Macro class. Currency in circulation. Choose from 500 different sets of vocabulary ap macroeconomics chapter 7 flashcards on Quizlet. Here you will find AP Economics outlines for the Macroeconomics, 15th Edition Textbook. The publisher uses the paper and ink to print 5000 copies of a novel. This is a supplement or a study tool to be used during the semester of AP Macroeconomics. CBSE Class 12 Macroeconomics Notes … The cyclical behaviour of the economy over time Business cycles are not regular cycles; they are irregular and vary in … While we strive to provide the most comprehensive notes for as many high school textbooks as possible, there are certainly going to be some that we miss. covers, OpenStax CNX name, and OpenStax CNX logo are not subject to the Creative Commons license and may Date: Day: Unit: Topic: IN-CLASS Activity/Assignment: What you need to do outside of class for the next class period (homework) Daily Plan : 3. ENGL 1100 - Lecture Notes on The Chrysantheums - Literary Interp GEOG 1000 - Energy Laws and Energy Conversion - World Ecology Prblms ECON 2020 - Lecture Notes on Chapter 6 - Unemployment ECON 2020 - Lecture Notes on Chapter 5 - National Income Accounting ECON 2020 - Lecture Notes on Chapter 4 - The Public Sector (The Role of Government) HIST 3030 - Module One Session Four - Assignment - … AP Economics outline for chapter 7 of Krugmans Economics for AP. The AP Macroeconomics exam is based on a scale of 1-5, with 5 being the highest score possible. The Covid-19 Recession of 2020; How to Increase Taxes on the Rich (If You Must) The Past and Future of Econ 101: The John R. … Choose a chapter from the drop-down menu and then click on “Quiz.” . If you are giving the alternate exam for late testing, say: It is Wednesday morning, May 23, and you will be taking the AP Macroeconomics Exam. OpenStax is part of Rice University, which is a 501(c)(3) nonprofit. 19ECB501 - Fundamental Macroeconomics ... Brainscape has content prepared by experts especially for your AP macroeconomics and AP microeconomics exams. Here you can find chapter-by-chapter, section-by-section notes of all the chapters of the 17th Edition, 16th Edition, 15th Edition, 14th Edition, 13th Edition, and 12th Edition of the A.P. Thus, the adult population has the following proportions: The unemployment rate is defined as the number of unemployed persons as a percentage of the labor force or 14.8/153.9 = 9.6%. Powered by Create your own unique website with customizable templates. CBSE Class 12 Economics. Last updated on 10/31/2016. 196 5.5 Literature notes . Our mission is to improve educational access and learning for everyone. Therefore, the influx of women into the work force increased the natural rate of unemployment. Hope these are helpful! CBSE Class 12 Economics Syllabus contains 3 main parts in which the first two parts is about studying the chapter mentioned in the course whereas the 3rd part is project work that needs to be researched and documented to the school as an assignment.. APUSH Links. AP Macroeconomics Exam Free-Response Question and Scoring Information Archive. APUSH Notes. AP Macro MC Practice test with AKey.docx 11. principles of macroeconomics senior contributing authors steven a. greenlaw, university of mary washington timothy taylor, macalester college Be sure to include which edition of the textbook you are using! How will COVID-19 impact our class? This is one of over 2,400 courses on OCW. Ap Macroeconomics Chapter 14; Robert B. McConnell Textbook Quizzes. . Since the labor force is divided into employed persons and unemployed persons, the number of unemployed persons is 153.9 – 139.1 = 14.8 million. We hit the traditional topics from a college-level macroeconomics course. 21 AP Macroeconomics Chapter 7, p. 134-137 Inflation • Inflation is a rising general level of prices. The Class 12 Macroeconomics notes are available in PDF format on Vedantu and students can download it for free, to revise quickly during your exams. Over the long term, the U.S. unemployment rate has remained basically the same level. Learn macroeconomics chapter 6 with free interactive flashcards. Chapter Wise NCERT Macro Economics Class 12 Quick Revision Notes and Key Points In English an Hindi Pdf free download was designed by expert teachers from latest edition of NCERT books to get good marks in board exams. Courses. *AP and Advanced Placement Program are registered trademarks of the College Board, which was not involved in the production of, and does not endorse this web site. Donate Login Sign up. AP Economics outline for chapter 7 of Krugmans Economics for AP. Notes: The Intermediate-Level Textbook Also available as Macroeconomics and the Financial System, with Laurence Ball. Drop us a note and let us know which textbooks you need. . Checkable bank deposits. Want to cite, share, or modify this book? Chapter 17: Policymaking for healthcare, the environment and energy: File Size: 3126 kb: File Type: pdf: Download File. Microeconomics If you are giving the regularly scheduled exam, say: It is Thursday afternoon, May 17, and you will be taking the AP Microeconomics Exam. Unit 1 Colonization PPT.pptx. AP Notes, Outlines, Study Guides, Vocabulary, Practice Exams and more! These notes have practice questions that go along with them at the end, which can be … APUSH Notes ... AP US History. . Main content. 1/5/2021: B: 1 - Basic Economic Concepts (Ch.1/2) Introduction/Scarcity: 1. Vocabulary terms are highlighted very important information is in red somewhat important information is in black and basic notes are in blue. 20 free AP macroeconomics practice tests. money supply . At some point, marginal utility becomes zero and then even negative at the seventh unit and beyond. Choose from 500 different sets of macroeconomics chapter 6 flashcards on Quizlet. Economics Textbook Notes.pdf: File Size: 406 kb: File Type: pdf: Download File. . AP Macroeconomics Exam. Students can learn and understand these topics by referring to the CBSE Class 12 Macroeconomics chapter-wise notes, prepared by the subject-experts at Vedantu, to provide them an easy learning experience. See how our course content aligns with AP Macroeconomics standards: AP®︎ Macroeconomics Standards mappings. Unit 5 Age of Jackson PPT.pptx. Law of Demand. then you must include on every physical page the following attribution: If you are redistributing all or part of this book in a digital format, CBSE Class 12 Macro Economics Chapter 3 – Money and Banking Class 12 Notes; CBSE Class 12 Macro Economics Chapter 6 – Open Economy Macroeconomics Class 12 Notes; CBSE Class 12 Macro Economics Chapter 5 – Government Budget and the Economy Class 12 Notes CBSE Class 12 Macro Economics Chapter 2 – National Income Accounting Class 12 Notes 100% Free AP Test Prep website that offers study material to high school students seeking to prepare for AP exams. . Follow @StudyNotesApp on Twitter! Macroeconomics is about whole economies. If you have classmates who are interested in these notes, please refer them to this site. . 1.2 Microeconomics and Macroeconomics 1.3 How Economists Use Theories and Models to Understand Economic Issues 1.4 How Economies Can Be Organized: An Overview of Economic Systems are blank accounts on which people can write checks. If you're having any problems, or would like to give some feedback, we'd love to hear from you. . Learn ap macroeconomics chapter 7 with free interactive flashcards. Welcome to AP Macroeconomics Well it's me again...Timmy Turner :) I took both AP Microeconomics and AP Macroeconomics so if you don't understand AP Economics, well I daresay I'll be seeing you on this website quite a bit :) . 13] Vocabulary - Mr. Karavedas' Class (SHHS) Macroeconomics McConnell Brue Flynn Chapter 14-15; Macroeconomics Chapter 32; Macroeconomics: Chapter 12- Money and Banking; Ap Economics Chapter 13 Test Questions . Study Guide for AP Macroeconomics. Choose from 500 different sets of ap macroeconomics chapter 7 flashcards on Quizlet. CONTENTS v 5.4 Intertemporal substitution of labor supply . Based on Figure 1 … For general help, questions, and suggestions, try our dedicated support forums. © 1999-2021, Rice University. There are over 10,000 documents that have been added to the Members Only section that you won't find anywhere on this site or on the interwebs, for that matter. An aggregate is a multitude of economic subjects that share some common features. Economic growth – produce more and better goods and services 2. Get Started. then you must include on every digital page view the following attribution: Use the information below to generate a citation. With few exceptions, the articles are also summarized in Romer or Blanchard and Fischer. Principles of Macroeconomics for AP ® Courses 2e covers the scope and sequence requirements for an Advanced Placement ® macroeconomics course and is listed on the College Board’s AP® example textbook list.The second edition includes many current examples and recent data from FRED (Federal Reserve Economic Data), which are presented in a politically equitable way. But this increase in labor demand goes beyond the scope of this problem. These notes have practice questions that go along with them at the end, which can be … Economic efficiency – achieve the maximum production using available resources 4. Have a test … . Ap Macroeconomics Chapter 13; Robert B. CBSE Notes for Class 12 Macro Economics. Students can download the free PDF and learn the concept of Macroeconomics. scrAPES. Search for courses, skills, and videos. . AP Macroeconomics Review.pdf View Download: Use this document to help you with the review notes due 5/16 1574k: v. 1 : May 13, 2014, 5:03 AM: EricW@springisd.org: Ċ: AP Macro Practice MC TEST.pdf View Download: DUE - Friday 5/9/14 - Complete this practice test by Friday 5/9/14. . The exam is broken down into two sections: Section I: 60 multiple choice questions worth 2/3 of the exam (70 minutes) Section II: 3 Free Response Questions (FRQs) worth 1/3 of the exam (60 minutes) AP Macroeconomics Notes, Concept and Themes Except where otherwise noted, textbooks on this site Basic Economic Concepts Economic Goals 1. Creative Commons Attribution License 4.0 license. The following incomes resulted from the printing of AP Macroeconomics Exam. . Economics Revision Notes For Class 12 Chapter 1 Introduction. Online chapter quizzes for Economics: Principles, Problems, and Policies by McConnell, Brue, and Flynn. . If you're seeing this message, it means we're having trouble loading external resources on our website. Show me 1-20 Tuesday 5/6, 21-40 Wednesday 5/7 and the entire test by Friday 5/9. This ensures you quickly get to the core! APUSH Notes. . AP US History. These two markets are used later to explain the effects of monetary and fiscal policy on the economy through the aggregate supply/aggregate demand (AS/AD) model. Class Materials. Always 100% free. 199 The increase in labor supply was a social demographic trend—it was not caused by the economy falling into a recession. A. increase taxes B. decrease taxes C. sell bonds D. buy bonds E. lower the reserve requirement Figure 1 12. . We recommend using a There are 100,000+ essays, DBQs, study guides, practice tests, etc. Unit 7 Sectionalism PPT.pptx . The population is divided into those “in the labor force” and those “not in the labor force.” Thus, the number of adults not in the labor force is 237.8 – 153.9 = 83.9 million. . . Social Insurance. We hope your visit has been a productive one. AP Macroeconomics [CH. . In order to access these resources, you will need to register for the website (takes literally 1 minute!) Resources and exam preparation. MACROECONOMICS 1880 1900 1920 1940 1960 1980 2000 MatthiasDoepke UniversityofChicago AndreasLehnert BoardofGovernorsofthe FederalReserveSystem AndrewW.Sellgren GeorgeMasonUniversity . and earn 100 cnote$ (use the table above to figure that out). . By contrast, microeconomics treats economic processes that concern individuals. Chapter 18: National Security Policymaking : File Size: 4704 kb: File Type: pdf: Download File. APUSH Readings & Assignments. AP Psychology AP US Government. We are unsure of the creator's identity, but we used it and would like to thank the creator for this excellent piece of work. and contribute 10 documents to the Course-Notes.Org library. . This lesson appears as Lesson 3 in Unit 4: Financial Sector … is cash held by the public. 19 AP Macroeconomics Chapter 7, p. 131-133 Economic Cost of Unemployment GDP Gap and Okun’s Law • The basic loss of unemployment is forgone output. Learn vocabulary ap macroeconomics chapter 7 with free interactive flashcards. Sandeep Garg Class 12 Macroeconomics Solutions Chapter 7: Aggregated Demand and Related Concepts are explained by the expert Economic teachers from the latest edition of Sandeep Garg Macroeconomics Class 12 textbook solutions. Powered by Create your own unique website with customizable ... Notes. not be reproduced without the prior and express written consent of Rice University. Notes - Unit 1 - Basic Economic Concepts - Scarcity: 1. $ 7… 100% Free AP Test Prep website that offers study material to high school students seeking to prepare for AP exams. Course challenge . Search. The economy will be producing inside the PPC. 1/4/2021: No School: 4. . These economics notes cover all of the key topics covered in the Macroeconomics, 15th edition textbook. • 11 cards. We heavily recommend it. Macroeconomic Websites of Interest. CBSE Class 11 Maths Notes Chapter 7 Permutations and Combinations. ECON 2100 - Ch.5 Price Controls and Market Efficiency Chapter 4 - Lecture notes 4 Chapter 9 - Lecture notes 9 ECON Readings Ch. 1 . Economics Textbook Notes.pdf: File Size: 406 kb: File Type: pdf: Download File. Handwritten notes on Campbell Biology Ch. What is Study Notes? U.S. History textbook, The American Pageant.This website provides detailed summaries on American/US history from one of the most popular US History textbooks in the United States. Why does the economy boom and bust? Since wages are sticky downward, the increased supply of labor causes an increase in people looking for jobs (Qs), but no change in the number of jobs available (Qe). † References in the notes refer to articles given on the reading list. The AP Gov notes below come from CourseNotes and APStudyNotes. Enterprising students use this website to learn AP class material, study for class quizzes and tests, and to brush up on course material before the big exam day. Until you contribute 10 documents, you'll only be able to view the titles and some teaser text of the uploaded documents. ONE ORDER = ONE STUDENT . Our AP study guides, practice tests, and notes are the best on the web because they're contributed by students and teachers like yourself. Introduction to Macroeconomics Lecture Notes Robert M. Kunst March 2006. It introduces students to the money market and loanable funds market. What Is Economics, and Why Is It Important? Ap Economics Chapter 3. . 7 - Lecture notes 7 Chapter 1 Economics Canadian Edition 15E Ragan Chapter 7 Chapter 1 - Lecture notes 10 principles of economics Chapter 2 - Macroeconomics, Fifteenth Canadian Edition (15th Edition) Chapter 11 Public Goods and Common Resources Microeconomics … This was posted on Quia by Chris Cannon. Total utility increases as each additional taco is purchased through the first five, but utility rises at a diminishing rate since each taco adds less and less to the consumer’s satisfaction. . The exam covers six main topics, each of which has several major subtopics. Students should have a sound understanding of economic theory similar to that achieved after taking a … The lecture notes combine the approaches of and adapt materials in both books. Students cultivate their understanding of the principles that apply to an economic system as a whole by using principles and models to describe economic situations and predict and explain outcomes with graphs, charts, and data as they explore concepts like economic measurements, markets, macroeconomic … Until you contribute earn 100 cnote$, you'll only be able to view the titles of the uploaded documents and some teaser text. As a result, unemployment increases by the amount of the increase in the labor supply. AP US Government Notes. Download free-response questions from past exams along with scoring guidelines, sample responses from exam takers, and scoring distributions. Mr. Trice. If you are giving the alternate exam for late testing, say: It is Wednesday morning, May 23, and you will be taking the AP Macroeconomics Exam. Don't show me this again. citation tool such as, Authors: Steven A. Greenlaw, Timothy Taylor, Book title: Principles of Macroeconomics for AP® Courses. Quiz *Theme/Title: Economic Measurements * Description/Instructions ; One measure of the health of an economy is Gross Domestic Product, GDP. That's easy — it's the best way to study for AP classes and AP exams! Test your knowledge of the skills in this course. Whether you’re studying macroeconomics, microeconomics, or just want to understand how economies work, we can help you make sense of dollars. Chapter 7 Notes Sect 1 Idea of demand centers on people being both willing and able to pay for a product or service In a market economy, consumers collectively have a great deal of influence on the prices of all goods and services. In order to access these resources, you will need to sign in or register for the website (takes literally 1 minute!) . The AP Macroeconomics exam lasts a total of 2 hours and 10 minutes, and is designed to test students on fundamental macroeconomic theory, concepts and policies. . and contribute 10 documents to the CourseNotes library. StudyNotes offers fast, free study tools for AP students. You can use these AP economic outlines to study for the AP Economics exam or any other economics test. . If you're behind a web filter, please make sure that the domains *.kastatic.org and *.kasandbox.org are unblocked. Notes from Mrs. Joelle Keats’, Mr. Nathan Tengowski, and Mr. Jason Mohr’s AP Economics Classes 2. LABS. This test has 120 question AP Macroeconomics multiple choice questions. AP Macroeconomics is an introductory college-level macroeconomics course. This is a set of goods and services that is forever lost. APUSH Links. We would like to thank Charles Feng for his work on this Study Guide. LABS. Primary Works Consulted: 1. This can be seen in the following figure. If you need to contact the Course-Notes.Org web experience team, please use our contact form. That's easy — it's the best way to study for AP classes and AP exams! The AP Gov notes below come from CourseNotes and APStudyNotes. How Economists Use Theories and Models to Understand Economic Issues, How Economies Can Be Organized: An Overview of Economic Systems, Introduction to Choice in a World of Scarcity, How Individuals Make Choices Based on Their Budget Constraint, The Production Possibilities Frontier and Social Choices, Confronting Objections to the Economic Approach, Demand, Supply, and Equilibrium in Markets for Goods and Services, Shifts in Demand and Supply for Goods and Services, Changes in Equilibrium Price and Quantity: The Four-Step Process, Introduction to Labor and Financial Markets, Demand and Supply at Work in Labor Markets, The Market System as an Efficient Mechanism for Information, Introduction to the Macroeconomic Perspective, Measuring the Size of the Economy: Gross Domestic Product, How Well GDP Measures the Well-Being of Society, The Relatively Recent Arrival of Economic Growth, How the Unemployment Rate Is Defined and Computed, What Causes Changes in Unemployment over the Short Run, What Causes Changes in Unemployment over the Long Run, How Changes in the Cost of Living Are Measured, How the U.S. and Other Countries Experience Inflation, The International Trade and Capital Flows, Introduction to the International Trade and Capital Flows, Trade Balances in Historical and International Context, Trade Balances and Flows of Financial Capital, The National Saving and Investment Identity, The Pros and Cons of Trade Deficits and Surpluses, The Difference between Level of Trade and the Trade Balance, The Aggregate Demand/Aggregate Supply Model, Introduction to the Aggregate Demand/Aggregate Supply Model, Macroeconomic Perspectives on Demand and Supply, Building a Model of Aggregate Demand and Aggregate Supply, How the AD/AS Model Incorporates Growth, Unemployment, and Inflation, Keynes’ Law and Say’s Law in the AD/AS Model, Introduction to the Keynesian Perspective, The Building Blocks of Keynesian Analysis, The Expenditure-Output (or Keynesian Cross) Model, The Keynesian Perspective on Market Forces, Introduction to the Neoclassical Perspective, The Building Blocks of Neoclassical Analysis, The Policy Implications of the Neoclassical Perspective, Balancing Keynesian and Neoclassical Models, Introduction to Monetary Policy and Bank Regulation, The Federal Reserve Banking System and Central Banks, How a Central Bank Executes Monetary Policy, Exchange Rates and International Capital Flows, Introduction to Exchange Rates and International Capital Flows, Demand and Supply Shifts in Foreign Exchange Markets, Introduction to Government Budgets and Fiscal Policy, Using Fiscal Policy to Fight Recession, Unemployment, and Inflation, Practical Problems with Discretionary Fiscal Policy, Introduction to the Impacts of Government Borrowing, How Government Borrowing Affects Investment and the Trade Balance, Fiscal Policy, Investment, and Economic Growth, How Government Borrowing Affects Private Saving, Introduction to Macroeconomic Policy around the World, The Diversity of Countries and Economies across the World, Improving Countries’ Standards of Living, Causes of Inflation in Various Countries and Regions, The Use of Mathematics in Principles of Economics, https://openstax.org/books/principles-macroeconomics-ap-courses/pages/1-introduction, https://openstax.org/books/principles-macroeconomics-ap-courses/pages/chapter-7, Creative Commons Attribution 4.0 International License, 83.9/237.8 = 35.3% persons out of the labor force.

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