If the Number of Unemployed Increases by the Same Number

question 175

Multiple Choice

If the number of unemployed increases by the same number as the number of people in the labor force, then:

• A) the unemployment rate will decrease.
• B) the population growth rate will increase.
• C) the unemployment rate will increase.
• D) the labor force participation rate will decrease.

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Definitions:

Suppliers

Businesses or individuals that provide goods or services to another company as part of the supply chain.

Customers

Individuals or businesses that purchase goods or services from a company.

Mission Statement

A formal, succinct statement declaring the goals, purpose, and values of an organization or company.

Short-Term

Relating to or occurring within a brief period of time, typically less than a year.