If the Number of People in the Labor Force ________,Then

question 119

Multiple Choice

If the number of people in the labor force ________,then ________.

• A)increases;the labor force participation rate increases
• B)increases;the unemployment rate definitely increases
• C)decreases;the unemployment rate definitely decreases
• D)decreases;the labor force participation rate increases
• E)decreases,the unemployment rate does not change

---

Definitions:

Interest Charge

The amount charged by a lender to a borrower for the use of borrowed money, typically expressed as an annual percentage of the principal.

Dishonor Of Note Receivable

Occurs when a promissory note's maker fails to make the scheduled payment to the note's holder when due.

Accounts Receivable

Amounts of money owed to a company by its customers for goods or services that have been delivered but not yet paid for.

Allowance For Doubtful Accounts

A contra-asset account used to estimate the portion of accounts receivable that is expected not to be collectible due to credit sales.