Multiple Choice
The unemployment rate will decrease whenever there is
A) an increase in the number of persons classified as unemployed.
B) a decrease in the number of unemployed relative to the size of the labor force.
C) a decrease in the size of the population and there is no change in the number of persons classified as employed.
D) a reduction in the size of the labor force.
E) a decrease in the number of unemployed and the population does not change.
Correct Answer:
Verified
Correct Answer:
Verified
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