Curently the Bureau of Labor Statistics does not include homemakers in its employment and labor force totals What would happen to the unemployment rate and the labor force participation rate if homemakers were included in these numbers? OA Both the unemployment rate and the labor force participation rate would increase OB. The unemployment rate would increase and the labor force participation rate would decrease OC. Both the unemployment rate and the labor force participation rate would decrease OO The unemployment rate would decrease and the labor force participation rate would increase
Curently the Bureau of Labor Statistics does not include homemakers in its employment and labor force totals What would happen to the unemployment rate and the labor force participation rate if homemakers were included in these numbers? OA Both the unemployment rate and the labor force participation rate would increase OB. The unemployment rate would increase and the labor force participation rate would decrease OC. Both the unemployment rate and the labor force participation rate would decrease OO The unemployment rate would decrease and the labor force participation rate would increase
Chapter18: Introduction To Macroeconomics: Unemployment, Inflation, And Economic Fluctuations
Section: Chapter Questions
Problem 2P
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