What happens if the number of unemployed is unchanged, but the number of employed persons increases? * The labor force decreases The unemployment rate increases The unemployment rate decreased The labor force increases

Macroeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506756
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter8: Economic Fluctuations, Unemployment, And Inflation
Section: Chapter Questions
Problem 7CQ
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What happens if the number of unemployed is unchanged, but the number of employed persons increases? *

The labor force decreases
The unemployment rate increases
The unemployment rate decreased
The labor force increases

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