Question
1. In the first half of 2010, the proportion of American adults with jobs had the largest decline in more than 50 years. However, the
1. In the first half of 2010, the proportion of American adults with jobs had the largest decline in more than 50 years. However, the unemployment rate did not increase. How could this happen?
REFFRENCE
BASIC ECONOMICS
BY THOMAS SOWELL
FIFTH EDITION
CHAPTER 12
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Foundations of Macroeconomics
Authors: Robin Bade, Michael Parkin
6th edition
132831007, 978-0132831000
