Suppose the civilian non-institutional population equals 100,000 persons; the civilian labor force equals 75,000 persons; there are 70,000 employed persons and 5,000 unemployed persons.If 5,000 persons who are currently "not in the labor force" decide to join the civilian labor force,and 3,000 of them are unemployed,then
A) both the unemployment and the employment rate rise.
B) both the unemployment and the employment rate fall.
C) the unemployment rate rises and the employment rate falls.
D) the unemployment rate falls and the employment rate rises.
Correct Answer:
Verified
Q50: Q51: Suppose the civilian non-institutional population equals 250,000; Q52: The unemployment rate equals the Q53: The civilian non-institutional population consists of everyone Q54: Persons who are retired or engaged in
A) number of