During times of recession, the labor force participation rate typically:
A. rises, as more people need work.
B. rises, as more incomes per household are needed to make ends meet.
C. falls, as more people give up and stop looking for work.
D. falls, as more people cannot find work, they stay in jobs that aren't a good fit.
C. falls, as more people give up and stop looking for work.
Economics
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a. A classic art painting. b. A commercial building. c. A savings bond d. A checking account balance e. Gold
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A . Can you explain why some employees who work for monopsonists might feel that they are underpaid? b. Why can't the firm raise their wage rates to keep them from feeling this way?
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