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.
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.
Chapter18: Introduction To Macroeconomics: Unemployment, Inflation, And Economic Fluctuations
Section: Chapter Questions
Problem 2P
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