The participation rate tends to be procyclical because
A) the size of the labour force is procyclical.
B) the sizes of both the labour force and the total population are procyclical.
C) the size of the labour force is procyclical and the size of the total population is countercyclical.
D) the unemployment rate is countercyclical.
E) employment is procyclical.
Correct Answer:
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Q12: Since World War II, the participation rates
A)
Q13: A key determinant of the unemployment rate
Q14: In the one-sided search model, a decrease
Q15: In the one-sided search model, if an
Q16: In the one-sided search model, if the
Q18: The reservation wage
A) is the wage paid
Q19: Which of the following statements is the
Q20: The unemployment rate is defined as
A)
Q21: According to the two-sided search model, in
Q22: In the two-sided search model, the number
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