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Author Question: Mike has been unemployed for over a year. He hasn't looked for a job in the last three months, but ... (Read 78 times)

Pea0909berry

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on: Jun 29, 2018
Mike has been unemployed for over a year. He hasn't looked for a job in the last three months, but he's just started looking for work again. Because Mike started looking for a new job
 
  A) the unemployment rate decreased. B) the working-age population increased.
  C) the unemployment rate increased. D) the labor force participation rate decreased.

Question 2

Which of the following factors will not cause the labor demand curve to shift?
 
  A) the wage rate
  B) changes in technology
  C) a change in the price of the product produced with labor
  D) increases in human capital
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irishcancer18

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


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