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 Business
Authors: Michael Geringer, Jeanne M. McNett, Michael S Minor, Donald A Ball
1st edition
78029376, 78029370, 1259317226, 978-1259317224
