Suppose the government launches a successful advertising campaign that convinces workers with high school degrees to quit their jobs and become full time college students.This would cause

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The labor force participation rate would decrease because individuals who were previously counted as employed would now be classified as not active in the labor force since they are enrolled in school full-time. This would result in a decrease in both the employed and unemployed populations, potentially leading to a lower unemployment rate, but not due to an increase in available jobs. Also, there is no information provided that suggests the number of discouraged workers would change.

Suppose the Government Launches a Successful Advertising Campaign That Convinces