Suppose There Are 8 Million Unemployed Workers Seeking Jobs

question 254

Multiple Choice

Suppose there are 8 million unemployed workers seeking jobs.After a period of time,2 million of them become discouraged over their job prospects and cease to look for work.As a result of this,the official unemployment rate would

• A)increase in the short run but eventually decline.
• B)increase.
• C)decline.
• D)be unchangeD.

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Definitions:

Minor Problem

A relatively unimportant or trivial issue that does not have a significant impact on the overall situation or outcome.

Partner

Refers to a person who takes part in an undertaking with another or others, especially in a business or company with shared risks and profits.

Integrative Strategy

An approach that combines different methods, ideas, or systems into a comprehensive plan to solve problems or achieve objectives.

Avoidant Strategy

A coping mechanism in which individuals deal with stressors or threats by attempting to avoid dealing with them directly.