Question
1.Suppose there is a massive increase in the number of people retiring in the US due to our aging population and to avoid infection from
1.Suppose there is a massive increase in the number of people retiring in the US due to our aging population and to avoid infection from the coronavirus. What is the likely effect of this rise in retirement on America's Labor Force Participation Rate?
Decrease
Increase
Unchanged
Unclear
None of the above
2.Suppose a worker named Suzanna works as a receptionist and then voluntarily leaves her job to pursue her dream of starting her own business. After she quits but before she becomes self-employed, what type(s) of unemployment applies to her?
Structural
Frictional
Cyclical
Arman-al
Frictional and Structural
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