The participation rate was higher in 2012 than in 1948 because
A) the labor force was larger in 2012 than in 1948.
B) the unemployment rate became less variable over time.
C) of the Great Moderation
D) the participation rate of women rose between 1948 to 2012.

Question

Quizplus · Accepted Answer

The participation rate of women rose between 1948 and 2012, which led to an increase in the overall participation rate. This is supported by data showing that the female labor force participation rate in 1948 was 32.7%, compared to 57.7% in 2012. Therefore, D is the best choice.

The Participation Rate Was Higher in 2012 Than in 1948