If an Unemployed Person Quits Looking for Work, Then, Eventually

question 350

Multiple Choice

If an unemployed person quits looking for work, then, eventually the unemployment rate

• A)decreases, and the labor-force participation rate is unaffected.
• B)and the labor-force participation rate both decrease.
• C)is unaffected, and the labor-force participation rate decreases.
• D)and the labor-force participation rate are both unaffected.

---

Definitions:

Market Price

Today's rate at which one can acquire or dispose of an asset or service within a competitive market environment.

Neutral

In finance, it refers to a position or opinion that is neither bullish nor bearish, indicating no strong view towards the market's direction.

Independent Measurers

Entities or individuals that objectively assess and report on various metrics or phenomena, often for compliance, research, or auditing purposes, without being influenced by parties involved.

Accounting Measurement

The process of determining and quantifying financial information in monetary terms to be reported in financial statements.