Solved

Which of the Following Describes a Situation in Which a Country's

Question 66

Multiple Choice

Which of the following describes a situation in which a country's unemployment rate might fall even though the number of employed persons has not changed?


A) Some unemployed persons quit looking for work because they are convinced they cannot find a job.
B) Some full-time homemakers decide to start looking for work.
C) The number of new entrants into the labor force is exactly equal to the number of retirees leaving the labor force.
D) The rate at which new entrants into the labor force find jobs drops because firms want to hire more experienced workers.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents