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Serena Has Just Finished High School and Started Looking for Her

Question 306

Multiple Choice

Serena has just finished high school and started looking for her first job, but has not yet found one. Other things the same, the unemployment rate


A) increases, and the labor-force participation rate is unaffected.
B) decreases, and the labor-force participation rate is unaffected.
C) and the labor-force participation rate are both unaffected.
D) and the labor-force participation rate both increase.

Correct Answer:

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