Multiple Choice
The participation rate tends to be procyclical because
A) the size of the labour force is procyclical.
B) the sizes of both the labour force and the total population are procyclical.
C) the size of the labour force is procyclical and the size of the total population is countercyclical.
D) the unemployment rate is countercyclical.
E) employment is procyclical.
Correct Answer:
Verified
Correct Answer:
Verified
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