Matilda just graduated from college. In order to devote all her efforts to college, she didn't hold a job. She is going to tour around the country on her motorcycle for a month before she starts looking for work.Othe things the same, the unemployment rate Select one: a. and the labor-force participation rate both increase. b. and the labor-force participation rate are both unaffected. C. increases and the labor-force participation rate decreases.

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter18: Introduction To Macroeconomics: Unemployment, Inflation, And Economic Fluctuations
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Matilda just graduated from college. In order to devote all her efforts to college, she didn't hold a job. She
is going to tour around the country on her motorcycle for a month before she starts looking for work.Other
things the same, the unemployment rate
Select one:
a.
and the labor-force participation rate both increase.
b. and the labor-force participation rate are both unaffected.
C. increases and the labor-force participation rate decreases.
d. increases and the labor-force participation rate is unaffected.
Transcribed Image Text:Matilda just graduated from college. In order to devote all her efforts to college, she didn't hold a job. She is going to tour around the country on her motorcycle for a month before she starts looking for work.Other things the same, the unemployment rate Select one: a. and the labor-force participation rate both increase. b. and the labor-force participation rate are both unaffected. C. increases and the labor-force participation rate decreases. d. increases and the labor-force participation rate is unaffected.
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