Under which of the following conditions will the unemployment rate rise? Select one: a.When the numbers of jobs being created in the economy exceeds the growth in the labour force. b.When the number of people who are unemployed rises. c.When the number of jobs being created in the economy is less than the growth in the labour force. d.When the participation rate is rising.
Under which of the following conditions will the unemployment rate rise? Select one: a.When the numbers of jobs being created in the economy exceeds the growth in the labour force. b.When the number of people who are unemployed rises. c.When the number of jobs being created in the economy is less than the growth in the labour force. d.When the participation rate is rising.
Chapter12: Business Cycles And Unemployment
Section: Chapter Questions
Problem 9SQP
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Under which of the following conditions will the unemployment rate rise?
Select one:
a.When the numbers of jobs being created in the economy exceeds the growth in the labour force.
b.When the number of people who are unemployed rises.
c.When the number of jobs being created in the economy is less than the growth in the labour force.
d.When the participation rate is rising.
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