Rick lost his job as a logistics and distribution coordinator nearly three years ago. After a long and failed search, Rick finally gives up and stops looking for a new job
Rick's decision to suspend his job search causes the unemployment rate to ________ and the labor force participation rate to ________. A) increase; decrease
B) decrease; decrease
C) stay the same; decrease
D) increase; stay the same
E) increase; increase
B
Economics
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Moving downward on a downward sloping linear demand curve, the absolute value of the price elasticity of demand
A) is constant. B) increases continuously. C) decreases continuously. D) may either increase or decrease.
Economics
The relationship between farm and nonfarm prices that existed during the period from 1910 to 1914 is known as
A. The target price. B. Price supports. C. The payment-in-kind program. D. The parity price.
Economics