The participation rate tends to be procyclical because
A) employment is procyclical.
B) the size of the labour force is procyclical and the size of the total population is countercyclical.
C) the sizes of both the labour force and the total population are procyclical.
D) the size of the labour force is procyclical.
E) the unemployment rate is countercyclical.
Correct Answer:
Verified
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