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Which of the following would cause the labor force participation rate to decrease? a.There was a decrease in the number of 70-year-old people working by
Which of the following would cause the labor force participation rate to decrease?
a.There was a decrease in the number of 70-year-old people working by 2,000.
b.15,000 people between the ages of 55-60 who were previously employed have decided to retire.
c.50,000 people who were previously employed have become unemployed.
d.100,000 people who were previously unemployed have now found jobs.
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