The Participation Rate Was Higher in 2012 Than in 1948

question 23

Multiple Choice

The participation rate was higher in 2012 than in 1948 because

• A) the labor force was larger in 2012 than in 1948.
• B) the unemployment rate became less variable over time.
• C) of the Great Moderation
• D) the participation rate of women rose between 1948 to 2012.

---

Definitions:

Mean

In statistics, it is the average of a set of numbers, calculated by dividing the sum of the values by the count of numbers.

Mode

The value that appears most frequently in a data set.

Median

A statistical measure denoting the middle value in a data set, where half the numbers are above and half below.

Mean

A statistical measure that calculates the average value of a set of numbers by adding all the numbers together and dividing by the count of those numbers.