All Else Equal, Which of the Following Would Increase the Unemployment

question 664

Multiple Choice

All else equal, which of the following would increase the unemployment rate? i) an increase in the number of women who return to work after being stay-at-home mothers
Ii) a preference among older men to retire early
Iii) an increase in the maximum number of weeks for which someone can receive government unemployment benefits
Iv) an increase in the number of previously unemployed women who stop looking for work and become discouraged workers

• A) i) and ii) only
• B) iii) only
• C) ii) and iii) only
• D) ii), iii), and iv) only

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Definitions:

Stepwise Regression

A method of fitting regression models in which the choice of predictive variables is carried out by an automated procedure, either by adding or removing variables step by step, based on certain criteria.

Independent Variables

Factors in a study that are controlled or altered by researchers to examine their effect on dependent outcomes.

Stepwise Regression

A method of regression analysis in which the choice of predictive variables is carried out by an automatic procedure, either by adding or removing variables step by step.

Multiple Regression

A statistical technique used to model the relationship between two or more independent variables and a dependent variable by fitting a linear equation to observed data.