If an Unemployed Person Stops Looking for Work, Then, Ceteris

question 18

Multiple Choice

If an unemployed person stops looking for work, then, ceteris paribus:

• A)the labour-force participation rate decreases
• B)the size of the labour force falls
• C)the labour-force participation rate increases
• D)both A and B are correct

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Definitions:

Launch Stage

The phase in the lifecycle of a product or service during which it is introduced to the market after its development and testing.

New-product Development

The complete process of bringing a new product to the market, from initial idea to final launch.

Least Expensive

Referring to the option that costs the least amount of money, often sought in budgeting and financial planning.

Ethical Issue

A situation or decision that involves a conflict between a person's moral principles and the best course of action.