What impact would including members of the military in employment,labor force,and working-age population statistics have on the unemployment rate and the labor force participation rate?
A)Including members of the military would increase the unemployment rate and reduce the labor force participation rate.
B)Including members of the military would reduce the unemployment rate and increase the labor force participation rate.
C)Including the military would increase both the unemployment rate and the labor force participation rate.
D)Including the military would reduce both the unemployment rate and the labor force participation rate.

Question

Quizplus · Accepted Answer

Including members of the military in employment statistics would reduce the number of unemployed individuals since they are employed by the government. Therefore, the unemployment rate (which is calculated by dividing the number of unemployed individuals by the total labor force) would decrease. Including members of the military in the labor force population would increase the total labor force, thus increasing the labor force participation rate (which is calculated by dividing the total labor force by the working-age population).

What Impact Would Including Members of the Military in Employment,labor