Multiple Choice
The unemployment rate will decrease whenever there is a(n) _____
A) increase in the number of persons classified as unemployed.
B) decrease in the number of unemployed persons relative to the size of the labor force.
C) decrease in the size of the population and no change in the number of persons classified as employed.
D) reduction in the size of the labor force.
E) decrease in the number of unemployed persons and no change in the population.
Correct Answer:
Verified
Correct Answer:
Verified
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