Sirius has just finished high school and started looking for his first job, but has not yet found one. Other things the same, the unemployment rate Select one: O a. and the labor-force participation rate are both unaffected. O b. increases and the labor-force participation rate is unaffected. O c. and the labor-force participation rate both increase. O d. is unaffected and the labor-force participation rate increases.
Sirius has just finished high school and started looking for his first job, but has not yet found one. Other things the same, the unemployment rate Select one: O a. and the labor-force participation rate are both unaffected. O b. increases and the labor-force participation rate is unaffected. O c. and the labor-force participation rate both increase. O d. is unaffected and the labor-force participation rate increases.
Chapter18: Introduction To Macroeconomics: Unemployment, Inflation, And Economic Fluctuations
Section: Chapter Questions
Problem 2P
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