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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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