During a recession, people đropout of the labor force because they are unable to find a job. All else the same, this Select one: Ca increases the official U-3unemployment rate.. Ob decreases the official U-3unemployment rate. does not change the official U-3 unemploymentrate. d. increases the official U-3 unemployment rate and the labor force participation rate.
During a recession, people đropout of the labor force because they are unable to find a job. All else the same, this Select one: Ca increases the official U-3unemployment rate.. Ob decreases the official U-3unemployment rate. does not change the official U-3 unemploymentrate. d. increases the official U-3 unemployment rate and the labor force participation rate.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![CLEAR MY CHOICE
During a recession, people drop out of the labor force because they are unable to find a job. All else the same, this
Select one:
Ca increases the official U-3unemployment rate..
Ob decreases the official U-3unemployment rate.
does not change the official U-3 unemployment rate.
d. increases the official U-3 unemployment rate and the laborforce participation rate.
Data for an economy shows that the unn](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6f25f1d0-4144-4f85-8a7a-692e9bb75a76%2Fbc625ef7-e8a5-4b2a-80ef-aafdd59e08da%2Fq7t189e_processed.jpeg&w=3840&q=75)
Transcribed Image Text:CLEAR MY CHOICE
During a recession, people drop out of the labor force because they are unable to find a job. All else the same, this
Select one:
Ca increases the official U-3unemployment rate..
Ob decreases the official U-3unemployment rate.
does not change the official U-3 unemployment rate.
d. increases the official U-3 unemployment rate and the laborforce participation rate.
Data for an economy shows that the unn
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