Multiple Choice
Maurice loses his job and decides to sit on the beach rather than looking for work the next few months. Other things the same, the unemployment rate
A) increases, and the labor-force participation rate is unaffected.
B) increases, and the labor-force participation rate decreases.
C) decreases, and the labor-force participation rate increases.
D) decreases, and the labor-force participation rate decreases.
Correct Answer:
Verified
Correct Answer:
Verified
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