Multiple Choice
If the numbers of employed and unemployed do not change but the size of the population increases by 10%,what would be the effect?
A) an increase in the unemployment rate and an increase in the labor force participation rate
B) an increase in the unemployment rate and no change in the labor force participation rate
C) an increase in the unemployment rate and a decrease in the labor force participation rate
D) no change in the unemployment rate and a decrease in the labor force participation rate
Correct Answer:
Verified
Correct Answer:
Verified
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