Question
What would happen in an economy where Adult Population increases by 1 %, Active Population by 3 % and the number of Unemployed people by
What would happen in an economy where Adult Population increases by 1 %, Active Population by 3 % and the number of Unemployed people by 2 %?
ANSWER ONLY, NO EXPLANATION REQUIRED
Labor participation would decrease by 2 %.
Unemployment rate would decrease by 2 %.
Unemployment rate would rise by 2 %.
Labor participation would rise by 2 %.
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International Marketing And Export Management
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
8th Edition
1292016922, 978-1292016924
