Suppose That There Are 1 Million Unemployed Workers Seeking Jobs

question 23

Multiple Choice

Suppose that there are 1 million unemployed workers seeking jobs.After a period of time,100,000 of them become discouraged over their job prospects and cease looking for work.As a result,the official unemployment rate would:

• A)increase in the short run, but eventually decrease
• B)increase
• C)decrease
• D)remain unchanged
• E)remain unchanged in the short run, but eventually decrease

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Definitions:

Personality

The combination of characteristics or qualities that form an individual's distinctive character.

Lifestyle

The way in which a person or group lives, including their activities, attitudes, and habits.

Attitudes

A settled way of thinking or feeling about someone or something, typically reflected in a person's behavior.

Establishing Credibility

The process of building trust and authority in a particular field or subject matter, often through demonstrating expertise or experience.