If the labor force grows at a faster rate than the number employed, the
a. unemployment rate will fall.
b. unemployment rate will rise.
c. labor force participation rate will fall.
d. employment rate will rise.
B
You might also like to view...
________ refers to an increase in the total value of the goods and services an economy produces each year
Fill in the blank(s) with correct word
According to the liquidity premium theory, a yield curve that is flat means that
A) bond purchasers expect interest rates to rise in the future. B) bond purchasers expect interest rates to stay the same. C) bond purchasers expect interest rates to fall in the future. D) the yield curve has nothing to do with expectations of bond purchasers.
What revived the United States' economy out of the Depression in the early 1940s?
A. the New Deal B. a tax cut C. spending on the war D. suburbanization
Assume that at the current level of output a firm's marginal cost and average variable cost of production are both decreasing
Based on this, we can conclude that the marginal product and average product of the firm's variable input(s) are both increasing. Indicate whether the statement is true or false