The unemployment rate will decrease whenever there is
A) an increase in the number of persons classified as unemployed.
B) a decrease in the number of unemployed relative to the size of the labor force.
C) a decrease in the size of the population and there is no change in the number of persons classified as employed.
D) a reduction in the size of the labor force.
E) a decrease in the number of unemployed and the population does not change.
Correct Answer:
Verified
Q97: When individuals are unemployed because they lack
Q98: When information about potential jobs is costly
Q99: Higher unemployment insurance benefits tend to increase
Q100: If Trevon voluntarily quits one job, possesses
Q101: When people become unemployed because of a
Q103: Consider an economy made up of 100
Q104: The unemployment rate will increase whenever there
Q105: Terrell, an auto repair mechanic who remains
Q106: Consider an economy made up of 100
Q107: Cyclical unemployment is primarily caused by
A) a
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