As the economy ________, the labor force increases, and as the economy ________, the labor force decreases.

Question

Quizplus · Accepted Answer

When the economy is expanding, there is higher demand for goods and services, leading to job growth, which means more people are joining the labor force. On the other hand, when the economy is contracting, there is lower demand for goods and services, leading to job losses, which means people are leaving the labor force or becoming unemployed.

As the Economy ________, the Labor Force Increases, and as the Economy