Question
Suppose the adult population rises by 4 percent and the labor force participation rate falls by 2 percent. If the number of unemployed decreases by
Suppose the adult population rises by 4 percent and the labor force participation rate falls by 2 percent. If the number of unemployed decreases by 1 percent, what is the approximate percent change in the unemployment rate?
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Exploring Economics
Authors: Robert L Sexton
5th Edition
978-1439040249, 1439040249
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