If a large group of U.S.workers begins to retire,you can expect
A) an increase in the labor force participation rate.
B) an increase in the labor force.
C) a decrease in the labor force participation rate.
D) no effect on the labor force participation rate.
E) no effect on the unemployment rate.

Question

Quizplus · Accepted Answer

The retirement of a large group of U.S. workers is likely to result in a decrease in the labor force participation rate as fewer people are actively seeking employment. This decrease in labor force participation rate can lead to a shift in the demographics of the labor force and a potential shortage of workers. It is unlikely to have a significant impact on the overall labor force or the unemployment rate.

If a Large Group of U