Janet loses her job and decides to sit around at home for a few weeks. Ceteris paribus:
A) The unemployment rate is unaffected, and the labour-force participation rate increases
B) The unemployment rate increases, and the labour-force participation rate is unaffected
C) The unemployment rate increases, and the labour-force participation rate increases
D) The unemployment rate increases, and the labour-force participation rate decreases
Correct Answer:
Verified
Q5: Economists and policymakers should focus on solving
Q5: Job-search unemployment is different from unemployment arising
Q6: Which of the following equations is correct?
A)
Q6: An economy's natural rate of unemployment refers
Q7: According to the theory of efficiency wages,
Q7: The main reason for the fall in
Q8: Which of the following is the correct
Q9: Cyclical unemployment refers to:
A)year-to-year fluctuations of unemployment
Q9: The natural rate of unemployment is:
A)
Q19: Economists and policymakers must equally consider the
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