Complete the following sentence.In an expansion,typically
A)unemployment increases.
B)the labour force participation rate increases.
C)the employment-to-population ratio decreases.
D)employment decreases.
E)both B and D are correct.

Question

Quizplus · Accepted Answer

In an expansion, typically the labour force participation rate increases. This means that more people are entering or re-entering the labor force, which leads to an increase in employment opportunities and a decrease in unemployment. Therefore, options A and D are incorrect, and option C is also incorrect since the employment-to-population ratio typically increases during expansions. Option E is not correct because option D is incorrect.

Complete the Following Sentence.In an Expansion,typically