Rick loses his job and immediately begins looking for another. Other things equal, what happens to the unemployment rate?
A) The unemployment rate decreases.
B) The unemployment rate increases.
C) The unemployment rate is unaffected.
D) There is insufficient information to answer the question.
Correct Answer:
Verified
Q23: How is the unemployment rate computed?
A) as
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Q34: What does the labour-force participation rate measure?
A)
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