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Suppose the Number of People Who Retire Is Greater Than

Question 75

Multiple Choice

Suppose the number of people who retire is greater than the number of people who enter the workforce and find jobs.All else the same,the labor force participation rate will ________ and the unemployment rate will ________.


A) decrease; increase
B) decrease; decrease
C) increase; increase
D) decrease; not change
E) increase; decrease

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