QUESTION 21 Ryan just finished his bachelor's degree in computer science and is looking for a job in a tech company. In school, he was a full- time student and did not work. How is Ryan entering the labor market will affect the unemployment rate for the economy? O The unemployment rate of the economy will decrease. O The unemployment rate of the economy will increase. O The labor force participation rate of the economy will decrease. O The labor force participation rate of the economy will stay the same as before.
QUESTION 21 Ryan just finished his bachelor's degree in computer science and is looking for a job in a tech company. In school, he was a full- time student and did not work. How is Ryan entering the labor market will affect the unemployment rate for the economy? O The unemployment rate of the economy will decrease. O The unemployment rate of the economy will increase. O The labor force participation rate of the economy will decrease. O The labor force participation rate of the economy will stay the same as before.
Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter20: Unemployment
Section: Chapter Questions
Problem 1PA
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![QUESTION 21
Ryan just finished his bachelor's degree in computer science and is looking for a job in a tech company. In school, he was a full-
time student and did not work. How is Ryan entering the labor market will affect the unemployment rate for the economy?
O The unemployment rate of the economy will decrease.
O The unemployment rate of the economy will increase.
O The labor force participation rate of the economy will decrease.
O The labor force participation rate of the economy will stay the same as before.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F014480c4-e72a-4e57-8f3a-ed1d8414d747%2F7ae4d7a5-7890-4b83-b22d-c4b2c1dd549a%2Frot4znk_processed.jpeg&w=3840&q=75)
Transcribed Image Text:QUESTION 21
Ryan just finished his bachelor's degree in computer science and is looking for a job in a tech company. In school, he was a full-
time student and did not work. How is Ryan entering the labor market will affect the unemployment rate for the economy?
O The unemployment rate of the economy will decrease.
O The unemployment rate of the economy will increase.
O The labor force participation rate of the economy will decrease.
O The labor force participation rate of the economy will stay the same as before.
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