Which of the following is true of the labor force participation rate?
a. When workers become unemployed, the labor force participation rate declines
b. When the unemployed become discouraged workers, the labor force participation rate declines.
c. When workers do not fully use their skills, the labor force participation rate decreases.
d. Since the 1950s, the labor force participation rate of women has decreased in the United States.
e. The trend toward earlier retirement has increased the labor force participation rate in the United States.
b
You might also like to view...
The ________ the desired reserve ratio, the ________ the ________ in the quantity of money created from an initial increase of $100,000 in the monetary base
A) smaller; larger; decrease B) larger; larger; decrease C) larger; smaller; decrease D) smaller; larger; increase E) larger; larger; increase
Suppose you like shoes and your income doubles. If shoes are a normal good, then an increase in your income will cause
a. the market demand for shoes to shift to the left b. the market demand for shoes to shift to the right c. your quantity demanded of shoes to decrease d. the market's quantity demanded of shoes to decrease e. market demand for shoes to shift to the left and your own quantity demanded of shoes to shift to the right
An economist would describe college fees as
a. an investment in human capital. b. a transfer payment. c. a waste of parents' money. d. an economic loss.
During inflationary periods,
A. the real value of money rises. B. the real value of money remains constant. C. the real value of money falls. D. the purchasing power of money rises.