Is it possible for the unemployment rate to go down while the number of unemployed workers increases? Yes, if the labor force participation rate increases sufficiently Yes, if the working age population grows sufficiently No since unemployment is always bad for the economy Yes, if discouraged workers reenter the labor force to fill job openings in sufficient numbers No, any increase in the number of unemployed will result in an increase in the unemployment rate Yes, if the labor force participation rate decreases sufficiently
Is it possible for the unemployment rate to go down while the number of unemployed workers increases? Yes, if the labor force participation rate increases sufficiently Yes, if the working age population grows sufficiently No since unemployment is always bad for the economy Yes, if discouraged workers reenter the labor force to fill job openings in sufficient numbers No, any increase in the number of unemployed will result in an increase in the unemployment rate Yes, if the labor force participation rate decreases sufficiently
Macroeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506756
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter15: Macroeconomic Policy, Economic Stability, And The Federal Debt
Section: Chapter Questions
Problem 5CQ
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QUESTION 9
Is it possible for the
Yes, if the labor force participation rate increases sufficiently
Yes, if the working age population grows sufficiently
No since unemployment is always bad for the economy
Yes, if discouraged workers reenter the labor force to fill job openings in sufficient numbers
No, any increase in the number of unemployed will result in an increase in the unemployment rate
Yes, if the labor force participation rate decreases sufficiently
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