Q)Michael quits his part-time job and goes to school. The measured unemployment rate would   A. fall because​ part-time jobs are not counted in the labour force. B. not change because he is now out of the labour force. C. rise because he is not in the labour force when in school. D. fall because he is not in the labour force when in school. E. not change because he is considered unemployed when in school.

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter18: Introduction To Macroeconomics: Unemployment, Inflation, And Economic Fluctuations
Section: Chapter Questions
Problem 6P
icon
Related questions
Question

Q)Michael quits his part-time job and goes to school. The measured unemployment rate would

 

A. fall because​ part-time jobs are not counted in the labour force.

B. not change because he is now out of the labour force.

C. rise because he is not in the labour force when in school.

D. fall because he is not in the labour force when in school.

E. not change because he is considered unemployed when in school.

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Unemployment
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Exploring Economics
Exploring Economics
Economics
ISBN:
9781544336329
Author:
Robert L. Sexton
Publisher:
SAGE Publications, Inc
Essentials of Economics (MindTap Course List)
Essentials of Economics (MindTap Course List)
Economics
ISBN:
9781337091992
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Brief Principles of Macroeconomics (MindTap Cours…
Brief Principles of Macroeconomics (MindTap Cours…
Economics
ISBN:
9781337091985
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning