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alphalions alphalions
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A year ago
The following table compares labor statistics for two countries.

Country ACountry B
Labor force300 million350 million
Potential workers430 million430 million
Employed workers 285 million325 million

Refer to the table above. In Country B, fewer and fewer high school graduates decide to go to college and instead start to work or look for work right after graduation. What can be said about the two countries' labor force participation rates?

▸ The difference between the two countries' labor force participation rates is likely to decrease.

▸ Country B's labor force participation rate is likely to surpass Country A's.

▸ The difference between the two countries' labor force participation rates is likely to increase.

▸ There is not going to be any change to the two countries' labor force participation rates.
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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sherbiejr16sherbiejr16
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A year ago
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alphalions Author
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Good timing, thanks!
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