Related to the Economics in Practice on p. 127: If more women enter the labor force and the number of available jobs remains unchanged, the unemployment rate will, ceteris paribus,
A) increase.
B) decrease.
C) remain unchanged.
D) equal the natural rate of unemployment.

Question

Quizplus · Accepted Answer

If more women enter the labor force and the number of available jobs remains unchanged, there will be an increase in the labor supply. This would lead to an oversupply of labor in the market which would result in higher competition for jobs, leading to an increase in the unemployment rate.

Related to the Economics in Practice on P