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The Participation Rate Was Higher in 2012 Than in 1948

Question 23

Multiple Choice

The participation rate was higher in 2012 than in 1948 because


A) the labor force was larger in 2012 than in 1948.
B) the unemployment rate became less variable over time.
C) of the Great Moderation
D) the participation rate of women rose between 1948 to 2012.

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