If an unemployed
person quits looking for work, ceteris paribus, the unemployment rate
()
A: decreases, and
the participation rate increases.
B: decreases, and
the participation rate decreases.
C: stays the same,
and the participation rate decreases.
D: and the
labor-force participation rate stay the same.
person quits looking for work, ceteris paribus, the unemployment rate
()
A: decreases, and
the participation rate increases.
B: decreases, and
the participation rate decreases.
C: stays the same,
and the participation rate decreases.
D: and the
labor-force participation rate stay the same.
举一反三
- When the interest rate falls in the money market, the quantity of money demanded ________ and the quantity of money supplied ________. A: increases; decreases B: decreases; increases C: stays the same; decreases D: increases; stays the same
- If the people who take early retirement are not counted in the working-age population, then A: the unemployment rate would be lower. B: the labor force participation rate would be less. C: the unemployment rate would be higher. D: the labor force participation rate would be higher.
- Because the productivity of labor decreases as the quantity of labor employed increases, A: the quantity of labor a firm demands increases as the real wage rate decreases. B: the quantity of labor a firm demands increases as the money wage rate decreases. C: the labor demand curve shifts right as the real wage rate decreases. D: the aggregate production function shifts upward as the real wage rate decreases.
- The labor-force participation rate measures the percentage of the
- The labor-force participation rate tells us the fraction of the population that