Matilda just graduated from college. In order to devote all her efforts to college, she didn't hold a job. She is going to tour around the country on her motorcycle for a month before she starts looking for work.Othe things the same, the unemployment rate Select one: a. and the labor-force participation rate both increase. b. and the labor-force participation rate are both unaffected. C. increases and the labor-force participation rate decreases.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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Matilda just graduated from college. In order to devote all her efforts to college, she didn't hold a job. She
is going to tour around the country on her motorcycle for a month before she starts looking for work.Other
things the same, the unemployment rate
Select one:
a.
and the labor-force participation rate both increase.
b. and the labor-force participation rate are both unaffected.
C. increases and the labor-force participation rate decreases.
d. increases and the labor-force participation rate is unaffected.
Transcribed Image Text:Matilda just graduated from college. In order to devote all her efforts to college, she didn't hold a job. She is going to tour around the country on her motorcycle for a month before she starts looking for work.Other things the same, the unemployment rate Select one: a. and the labor-force participation rate both increase. b. and the labor-force participation rate are both unaffected. C. increases and the labor-force participation rate decreases. d. increases and the labor-force participation rate is unaffected.
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