During times of recession, the labor force participation rate typically:
A) rises, as more people need work.
B) rises, as more incomes per household are needed to make ends meet.
C) falls, as more people give up and stop looking for work.
D) falls, as more people cannot find work, they stay in jobs that aren't a good fit.
Correct Answer:
Verified
Q26: The unemployment rate may:
A) understate the effect
Q27: Jen has a PhD in economics and
Q28: John earned a PhD in biomedical engineering,
Q29: Economists report changes in unemployment in:
A) percentage
Q30: Discouraged workers are people who have:
A) looked
Q32: Someone who is underemployed is someone who:
A)
Q33: If you hear that unemployment increased in
Q34: The labor force participation rate:
A) tells us
Q35: Marc is a high school graduate and
Q36: The Bureau of Labor Statistics counts underemployed
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