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
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The WTO's intervention against clean air standards
A) has earned it universal approval. B) was done in order to limit national sovereignty. C) has resulted in much criticism. D) has resulted in much criticism among professional economists. E) was championed in developing countries.
In general, the relationship between democracy and economic growth as demonstrated by the high-growth Asian economies is that
A) democratic nations grow faster than undemocratic nations. B) democratic nations grow slower than undemocratic nations. C) there does not seem to be a relationship between democracy and economic growth. D) democracies are much more variable in their rates of growth than undemocratic nations.