7. Assume that the official national unemployment rate rises from 4 percent to 8 percent because of...

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7. Assume that the official national unemployment rate rises from 4 percent to 8 percent because of a major recession. What impact do you predict this would have on

(a) the African–American to white unemployment rate ratio,

(b) the labor force participation rate, and

(c) the teenage–adult unemployment rate ratio? Explain.

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Contemporary Labor Economics

ISBN: 9780073375953

9th Edition

Authors: Campbell McConnell, Stanley Brue, David Macpherson

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