What would be the effect of 100,000 discouraged workers entering the labour force?
A) Unemployment rates would remain unchanged,and the size of the labour force would increase.
B) Both unemployment rates and the size of the labour force would increase.
C) Unemployment rates would increase,and the size of the labour force would remain unchanged.
D) Both unemployment rates and the size of the labour force would decrease.
Correct Answer:
Verified
Q46: What is a discouraged worker?
A)An individual who
Q47: Below are various statistics for a hypothetical
Q48: What is Okun's Law?
A)It measures the trade-off
Q49: What does the GDP gap measure?
A)The difference
Q50: The following information is from a hypothetical
Q52: Below are various statistics for a hypothetical
Q53: How do economists measure the cost of
Q54: Which of the following statements concerning discouraged
Q55: Suppose that in a particular economy there
Q56: Which of the following is true of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents