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Assume that some people who are unemployed stop actively looking for work. Assuming nothing else changes, what effect will this have on the unemployment rate
Assume that some people who are unemployed stop actively looking for work. Assuming nothing else changes, what effect will this have on the unemployment rate and the labor force participation rate? a. Increase the unemployment rate and the labor force participation rate b. Decrease the unemployment rate and the labor force participation rate c. Decrease the unemployment rate and increase the labor force participation rate d. Increase the unemployment rate and decrease the labor force participation rate
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