The Discouraged-Worker Effect Indicates That

question 25

Multiple Choice

The discouraged-worker effect indicates that:

• A)married women will enter the labor force to maintain household living standards after their husbands' wages have fallen
• B)some unemployed persons in the labor force actively seek employment
• C)some unemployed workers will decide to withdraw from the labor force as the unemployment rate increases
• D)the labor force participation rate varies directly with the unemployment rate

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Definitions:

SSE

Cumulative squared discrepancies between predicted values by a model and the corresponding actual data points.

Coefficient Of Determination

A measure used in statistical analysis that assesses how well a model explains and predicts future outcomes, represented as a value between 0 and 1.

Dependent Variable

The variable in an experiment or study that is expected to change in response to changes in another variable known as the independent variable.

Independent Variable

A variable in an experiment that is manipulated or changed by the researcher to observe its effects on the dependent variable.