Suppose There Are 5 Million Unemployed Workers Seeking Jobs

question 182

Multiple Choice

Suppose there are 5 million unemployed workers seeking jobs.After a period of time, 1 million of them become discouraged over their job prospects and cease to look for work.As a result of this, all else equal, the official unemployment rate would

• A)decline.
• B)increase.
• C)increase in the short run but eventually decline.
• D)be unchanged.

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A visual representation tool that displays key HR metrics and indicators to monitor the performance and status of an organization's human resources functions.