Related to the Economics in Practice on p. 447: 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, it will increase the labor supply, leading to an excess of workers, which in turn can lead to greater unemployment. Therefore, the unemployment rate will increase, ceteris paribus.

Related to the Economics in Practice on P