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What Would One Expect to Happen to the Labor Force

Question 161

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What would one expect to happen to the labor force participation rate if the following situations occurred?
a.A large percentage of the workforce retires.
b.The government begins to subsidize current workers who go back to school full-time to attain advanced degrees.
c.The government offers a transfer payment to discouraged workers and to unemployed workers.

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a.If a large percentage of the workforce...

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