Bo's actions would

A) have no impact on the September unemployment rate or the October unemployment rate.
B) raise the September unemployment rate and lower the October unemployment rate.
C) raise the September unemployment rate and not change the October unemployment rate.
D) classify him as out of the labor force in September.
E) raise the September unemployment rate and the October unemployment rate.

B

Economics

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Evaluate the following statements: I. The slope of the demand curve is always equal to the elasticity of demand. II. Moving down along a downward-sloping, straight-line demand curve, the elasticity of demand falls

a. (I) and (II) are both true. b. (I) is true and (II) is false. c. (I) is false and (II) is true. d. (I) and (II) are both false.

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A government will create a surplus in a market when it sets a price

A. floor above the equilibrium price. B. ceiling above the equilibrium price. C. ceiling below the equilibrium price. D. floor below the equilibrium price.

Economics