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Author Question: Explain how the labor force participation rate and the unemployment rate change in a recession. ... (Read 137 times)

Chelseaamend

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on: Jun 29, 2018
Explain how the labor force participation rate and the unemployment rate change in a recession.
 
  What will be an ideal response?

Question 2

An expansion ends when the economy hits a trough and then enters a recession.
 
  Indicate whether the statement is true or false


adammoses97

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

The labor force participation rate tends to decrease during a recession as more workers become discouraged. The unemployment rate increases during a recession because there are fewer jobs.

Answer to Question 2

FALSE


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