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Besides the official unemployment rate, we might look at a few different indicators to assess labor market slack. Choose two of the following below and

Besides the official unemployment rate, we might look at a few different indicators to assess labor market slack. Choose two of the following below and discuss whether they suggest a stronger or weaker labor market. Write 1-2 sentences.

c) Lower quit rate

d) Lower job vacancy rate

e) Higher labor force participation rate

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