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ken80 ken80
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A year ago
The following table defines some population statistics for two countries.

​Sweet CountrySpicy Country
Population500 million510 million
Unemployment rate4%5%
Labor participation rate82%76%
If a group of students decided to try to find jobs while they are studying, which of the above rates would change at first? Assume that it takes the students a few months to actually find a job.

▸ The labor participation rate would increase and the unemployment rate would decrease.

▸ Only the labor participation rate would increase.

▸ Both the labor participation rate and the unemployment rate would increase.

▸ Only the unemployment rate would increase.
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
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mrivas57mrivas57
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A year ago
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ken80 Author
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A year ago
You make an excellent tutor!
vanna2014
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Yesterday
Thanks
linlinlin
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2 hours ago
Correct Slight Smile TY
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