Some Economists Argue That Increases in Labour-Force Participation Rates by Young

question 52

Multiple Choice

Some economists argue that increases in labour-force participation rates by young people and females in the 1970s and 1980s caused

• A)a decrease in frictional unemployment.
• B)a decrease in cyclical unemployment.
• C)a decrease in NAIRU.
• D)an increase in NAIRU.
• E)an increase in cyclical unemployment.

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Definitions:

Personal Decision Making

The process of making choices or decisions based on personal preferences, beliefs, or values, rather than external advice or influence.

Clarification

The act or process of making a statement or concept clear and understandable, often by providing detailed explanation or context.

Emotionally Drained

A state of feeling extremely exhausted or depleted of emotional energy, often as a result of prolonged stress or emotional turmoil.

Severe Depression

A form of major depression characterized by a significant and pervasive low mood and loss of interest in activities, severely impacting daily functioning.