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) One of them must be lying.
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
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