In Year 2, what happens to each of the following when 1 million job seekers become “discouraged workers"? a. Number of unemployed persons. O Uncertain Decreases O Increases O No change b. Unemployment rate. O No change O Uncertain O Increases O Decreases c. Number of employed persons. No change O Uncertain Increases O Decreases

In Year 2, what happens to each of the following when 1 million job seekers become “discouraged workers"? a. Number of unemployed persons. O Uncertain Decreases O Increases O No change b. Unemployment rate. O No change O Uncertain O Increases O Decreases c. Number of employed persons. No change O Uncertain Increases O Decreases

Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781305971509

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter15: Unemployment

Section: Chapter Questions

Problem 4PA

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