Which of the following statements is most accurate regarding unemployment?
A) When there is a large number of workers available in the labor force then the unemployment rate in that job market is high.
B) When there is a small number of workers available in the labor force then the unemployment rate in that job market is high.
C) When there is a large number of workers available in the labor force then the unemployment rate in that job market is low.
D) When the unemployment rate is high it is more difficult to find suitable job candidates.
E) When the unemployment rate is low it is easier to find suitable job candidates.
Correct Answer:
Verified
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