Mike Has Just Graduated from College and Is Now Looking

question 83

Multiple Choice

Mike has just graduated from college and is now looking for a job, but has not yet found one. This causes the unemployment rate to ________ and the labor-force participation rate to ________.

• A) increase; decrease
• B) stay the same; stay the same
• C) increase; increase
• D) increase; stay the same

---

Definitions:

Knowledge Workers

Employees whose main contribution to the organization is specialized knowledge, such as knowledge of customers, a process, or a profession.

Slow Economy

A state of economic growth that is lower than expected or desired, often characterized by reduced consumer spending, low industrial production, and increased unemployment rates.

Virtual Teams

Groups of individuals who work together from different geographic locations and rely on communication technology such as email, video conferences, and messaging apps to collaborate.

Communications Technology

The use of tools and platforms to facilitate electronic communication, such as email, social media, and video conferencing.