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NYC NYC
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8 years ago
The measured unemployment rate does not rise as much as one might expect when output decreases because, as the economy contracts:
A) firms want to hire additional workers.
B) more people leave the labor force.
C) more people find jobs.
D) more people enter the labor force.
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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NYC Author
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#2
8 years ago
Thanks for answering Slight Smile
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