Suppose 100,000 people are in the labour force and the unemployment rate is 25%. As the economy moves into a recession and jobs decrease, 10000 of the unemployed workers become discouraged to search for jobs and exit the labour force. As a result, the unemployment rate becomes O a. 37.5%. cross out O b. 25.75%. cross out O c. 35%. cross out O d. 45%. cross out O e. None of the above cross out

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Q: What is the impact on the labour market due to a reduction the productivity of workers? Select one:…

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