Due to the Added Worker Effect, the Labor Force Participation

question 6

Multiple Choice

Due to the added worker effect, the labor force participation rate

• A) increases during a recession.
• B) decreases during a recession.
• C) is a fairly useless statistic.
• D) overcounts the number of workers wanting a job.
• E) overcounts the number of workers with a job.

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Definitions:

Proactive Leadership

A leadership style characterized by anticipation, initiative taking, and the proactive addressing of problems or opportunities.

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Golden Rule

A moral principle that suggests treating others as one would like to be treated.

Ethical Leader

A leader who prioritizes ethical behavior and decision-making, promotes integrity, and sets a moral example for others to follow.