Mike has just graduated from college and is now looking for a job, but has not yet found one. This causes the unemployment rate to _______ and the labor- force participation rate to _______.
A) increase; stay the same
B) increase; increase
C) increase; decrease
D) stay the same; stay the same
Correct Answer:
Verified
Q123: The demand for refrigerators falls when the
Q124: Q125: Recall Application 4, "The Introduction of Cell Q126: Q127: Discouraged workers: Q129: Suppose that 1999 is the base year Q130: If the price index in 2000 is Q131: When an individual quits his/her job and Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A) are part of structural unemployment.
B)
