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18 Aug 2020
If an unemployed person quits looking for work, ceteris paribus, the unemployment rate:
a. decreases, and the participation rate increases.
b. decreases, and the participation rate decreases.
c. stays the same, and the participation rate decreases.
d. and the labor force participation rate stays the same.
If an unemployed person quits looking for work, ceteris paribus, the unemployment rate:
a. decreases, and the participation rate increases.
b. decreases, and the participation rate decreases.
c. stays the same, and the participation rate decreases.
d. and the labor force participation rate stays the same.
Sonia DhawanLv10
15 Oct 2020
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