Prime Minister Bigego is running for re-election against Finance Minister Pander.Bigego proclaims that more people are working now than when he took office.Pander says that the unemployment rate is higher now than when Bigego took office.Which of the following can you conclude?
A) Both of them could be telling the truth if the labour-force participation rate and the labour force both grew.
B) Both of them could be telling the truth if the labour-force participation rate and the labour force both fell.
C) Both of them could be telling the truth if the labour force grew slower than employment.
D) Both of them could be telling the truth if the labour force grew faster than employment.
Correct Answer:
Verified
Q23: How is the unemployment rate computed?
A) as
Q34: Table 9-1
This table shows the 2013 data
Q35: Anna has just finished school and started
Q37: Matt loses his job and decides to
Q38: How is Latoya, a homemaker who works
Q39: How is a college student who is
Q40: How is the labour-force participation rate computed?
A)
Q41: Which of the following groups has the
Q42: How does the labour-force participation rate of
Q46: What is a rough estimate of the
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