When the Growth Rate of the Labour Force Is Greater

question 25

Multiple Choice

When the growth rate of the labour force is greater than the growth rate of total employment,the unemployment rate

• A)decreases.
• B)increases.
• C)is below NAIRU.
• D)is above NAIRU.
• E)is equal to NAIRU.

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Definitions:

Simultaneous

Happening, functioning, or being carried out simultaneously.

Position

In finance, a position refers to the amount of a particular asset or security that is owned by an individual or entity.

Futures Contract

A contractual arrangement to purchase or sell a specific financial instrument or commodity at a set price on a future date.

Basis

The difference between the spot price of an asset and its future price, or the cost basis of an investment.