The Table Below Provides Hypothetical Unemployment,employment,and Labour Force Data for a Small

question 4

Multiple Choice

The table below provides hypothetical unemployment,employment,and labour force data for a small economy over a 3-month period.The unemployment rate on January 1 is 6%.
TABLE 30-1
-Refer to Table 30-1.Between February 1 and March 1 the stock of unemployment remained stable at 750,and the unemployment rate ________ because ________.

• A)decreased; the labour force grew by 600
• B)decreased; the labour force shrank by 600
• C)remained stable; the stock of unemployment did not change
• D)increased; the labour force grew by 600
• E)increased; the labour force shrank by 600

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Definitions:

Federal Income Taxes

Taxes levied by the United States federal government on the annual earnings of individuals, corporations, trusts, and other legal entities.

Social Security Taxes

Taxes collected by the government from employees and employers to fund the Social Security program, which provides retirement, disability, and survivorship benefits.