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bosoxsilva bosoxsilva
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Posts: 334
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6 years ago
Explain how the labor force participation rate, the unemployment rate, and the percentage of the labor force employed part time change in a recession.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Replies
wrote...
6 years ago
 The labor force participation rate tends to decrease during a recession as more workers become discouraged. The unemployment rate increases during a recession because there are fewer jobs. The percentage of the labor force employed part time tends to increase during a recession as part-time workers for economic reasons increase.
bosoxsilva Author
wrote...
6 years ago
Ready for finals now Monkey
wrote...
6 years ago
Good luck my friend!
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