Recall the Application about the impact of the federal Disability Insurance program on the unemployment rate to answer the following question(s) .
-Recall the Application. Assume 5,000 unemployed workers left the workforce to participate in the federal Disability Insurance program, leaving the size of the labor force at 195,000. If 13,000 workers remain unemployed and in the labor force, what was the unemployment rate before and after the 5,000 unemployed workers left the workforce?
A) 9.0 percent; 6.7 percent
B) 6.5 percent; 2.3 percent
C) 12.8 percent; 4.3 percent
D) 38.5 percent; 27.8 percent
Correct Answer:
Verified
Q30: If a large number of people are
Q31: A person who is not working and
Q32: Which specific government agency monitors unemployment?
A) Commerce
Q33: Individuals who are not working and are
Q34: Recall the Application about the impact of
Q36: If a large number of workers are
Q37: For the purpose of statistically reporting the
Q38: Recall the Application about declining U.S. labor
Q39: Recall the Application about the impact of
Q40: The unemployment rate
A) rises during booms and
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents