Ceteris paribus, when discouraged workers become more hopeful about their job prospects and begin actively searching for employment, Group of answer choices the official unemployment rate will increase. the official unemployment rate will remain unchanged. the official unemployment rate will decrease. the official unemployment rate could increase or decrease.

Q: The natural rate of unemployment is decomposed into unemployment. cyclical and frictional structural…

A: The natural rate of unemployment is a sum of structural and frictional unemployment.

Q: Canada has a working age population of 20 million. Of those 11 million are employed and 1 are…

A: Given: Working age population = 20 million Employed people = 11 million Unemployed people = 1…

Q: Suppose that the adult population is 210 million, and there are 130 million who are employed, and…

A: Unemployment refers to a state at which a person who is actively looking for the work or job but are…

Q: A country has a population of 160 million. Out of this population, the number of retired people is…

A: Note: Since you have posted a question with multiple subparts, we will solve the first three…

Q: Year Lab 2000 142 2001 143

A: Labor force in 2019 = 163,539,000 Unemployment rate = 3.7 %

Q: The table shows employment statistics for a fictional country. Use the information to answer the…

A: The labor force refers to the total variety of people who are either employed or actively in search…

Q: During the initial months of the COVID pandemic, the number of unemployed people in the State of…

A: Unemployment is the situation where a person is looking for job and interested to work at prevailing…

Q: A country's structural unemployment rate is 4.2%, the natural unemployment rate is 5.6%, and the…

A: The unemployment rate is the sum of structural unemployment, frictional unemployment, and cyclical…

Q: Retirement is a fulfillment of the life you built for yourself and your family, and retirement…

A: The proportion of the population that is employed or actively seeking employment is known as the…

Q: If the labour force participation rate is 80%, the unemployment rate is 6%, and the labour force is…

A: Unemployment is the situation in which the workers are willing to work at the prevailing market wage…

Q: Suppose the unemployment rate is 5%, participation rate is 80%, out of the labour force is 100…

A: Before solving the question, it's essential to understand the economic indicators involved. The…

Q: Assume that a country's population is 85 million. The number of employed people is 65 million, and…

A: You must be actively looking for work in order to be unemployed. According to BLS rules, you are not…

Q: To be officially unemployed a person must: Select one: reach 21 years of age or older. be in the…

A: Unemployment refers to the rate of individuals in an economy that do not have a job even after…

Q: At full employment there is no structural unemployment. unemployment. frictional unemployment.…

A: In an economy, unemployment refers to the situation when people who are in labor force are unable to…

Q: In an economy, the working age population is 200 million Of this total, 100 million workers are…

A: Unemployment rate is shows the fraction of people in the labor force that are unemployed. This means…

Q: Population (working age).   240,000    Employed         180,000    Unemployed      30,000…

A: Working age population, employed individuals and unemployed individuals, that all are needed to…

Q: An economy has 500 people divided among the following groups: 240 are employed, 60 are looking for a…

A: The total number of people which resulted in the total number of population in the economy. The…