The Table Below Provides Hypothetical Unemployment,employment,and Labour Force Data for a Small

question 4

Multiple Choice

The table below provides hypothetical unemployment,employment,and labour force data for a small economy over a 3-month period.The unemployment rate on January 1 is 6%.
TABLE 30-1
-Refer to Table 30-1.Between February 1 and March 1 the stock of unemployment remained stable at 750,and the unemployment rate ________ because ________.

• A)decreased; the labour force grew by 600
• B)decreased; the labour force shrank by 600
• C)remained stable; the stock of unemployment did not change
• D)increased; the labour force grew by 600
• E)increased; the labour force shrank by 600

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Definitions:

Constant Rate

A rate of change that remains the same over a given period of time, indicating uniformity in growth or decline.

Customer Demands

The specific needs and desires of customers that influence their purchasing behavior and choices.