If a household member is not in the labor force, it is because he or she has decided his or her time is more valuable in nonmarket activities.
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Q19: Employment tends to fall when
A) aggregate output
Q20: If you hear a person saying "I
Q21: Employment tends to fall when aggregate output
Q22: Sally stopped looking for work six months
Q23: The unemployment rate will never be zero
Q25: Refer to the information provided in Figure
Q26: Structural unemployment arises when the economy changes
Q27: Frictional unemployment is the type that arises
Q28: 13.2 The Classical View of the Labor
Q29: Cyclical unemployment is that which rises in
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