The unemployment rate will increase whenever there is a(n):
A. increase in the number of persons classified as unemployed.
B. increase in the number of unemployed persons relative to the size of the labor force.
C. increase in the size of the U.S. population and there is no change in the number of persons classified as employed.
D. reduction in the size of the labor force.
Answer: B
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A) improved, falls B) worsened, falls C) improved, increases D) worsened, increases
Buyer Power Nora's Nicest Knick Knacks has sold a variety of products to hundreds of small retailers. Over time, she has added distributers who have a talent for finding more retailers for Nora. Now, over half of her sales go through just two of these
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