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Author Question: Mike has just graduated from college and is now looking for a job, but has not yet found one. This ... (Read 27 times)

stock

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Question 1

When an individual quits his/her job and decides to stay at home for a while, the labor-force participation rate


◦ decreases.
◦ increases.
◦ stays the same.
◦ may increase or decrease, depending on the length of time he/she stays at home.

Question 2

Mike has just graduated from college and is now looking for a job, but has not yet found one. This causes the unemployment rate to ________ and the labor-force participation rate to ________.


◦ increase; decrease
◦ stay the same; stay the same
◦ increase; increase
◦ increase; stay the same


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Marked as best answer by stock on Apr 19, 2019

ApricotDream

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