If a person rejoins the labor force and starts looking for work, then the unemployment rate a. increases and the labor-force participation rate is unaffected. b. increases and the labor-force participation rate also increases. c. is unaffected as the labor-force participation rate increases. d. and the labor-force participation rate are both unaffected.
If a person rejoins the labor force and starts looking for work, then the unemployment rate a. increases and the labor-force participation rate is unaffected. b. increases and the labor-force participation rate also increases. c. is unaffected as the labor-force participation rate increases. d. and the labor-force participation rate are both unaffected.
Chapter18: Introduction To Macroeconomics: Unemployment, Inflation, And Economic Fluctuations
Section: Chapter Questions
Problem 1P
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If a person rejoins the labor force and starts looking for work, then the
a. increases and the labor-force participation rate is unaffected.
b. increases and the labor-force participation rate also increases.
c. is unaffected as the labor-force participation rate increases.
d. and the labor-force participation rate are both unaffected.
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