Multiple Choice
President Bigego is running for re-election against Senator Pander.Bigego proclaims that more people are working now than when he took office.Pander says that the unemployment rate is higher now than when Bigego took office.You conclude that
A) one of them must be lying.
B) both of them could be telling the truth if the labor-force participation rate and the labor force both fell.
C) both of them could be telling the truth if the labor force grew slower than employment.
D) both of them could be telling the truth if the labor force grew faster than employment.
Correct Answer:

Verified
Correct Answer:
Verified
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