Suppose the Number of People Who Retire Is Greater Than

question 75

Multiple Choice

Suppose the number of people who retire is greater than the number of people who enter the workforce and find jobs.All else the same,the labor force participation rate will ________ and the unemployment rate will ________.

• A) decrease; increase
• B) decrease; decrease
• C) increase; increase
• D) decrease; not change
• E) increase; decrease

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Definitions:

Adaptive Challenge

A problem or situation that requires new learning and innovative solutions, often complex and not easily addressed through existing procedures or methods.

Collaboration

The act of working with one or more individuals to complete a task or achieve a goal, often involving sharing knowledge, learning, and building consensus.

Input

In a general context, it refers to the information, resources, or feedback provided to a system or process for its operation or improvement.

Espoused Values

The explicitly stated values and norms that an organization claims to hold.