First,provide a brief explanation of what the unemployment rate measures.Second,explain how changes in each of the components of the unemployment rate can cause changes in the unemployment rate.
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Q12: Data on labor-force flows show that
A)in any
Q13: The participation rate in the U.S.has increased
Q14: A reduction in the unemployment rate will
Q15: Data on labor-force flows show that
A)almost all
Q16: The Current Population Survey interviews approximately how
Q18: Based on the data provided in the
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Q20: The labor force is defined as
A)the sum
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