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If a person decides they do not need a job, and stop looking for it, the unemployment rate will: Unemployment rate will be higher Unemployment rate will not change Unemployment rate will be lower Labor force will be bigger 

          If a person decides they do not need a job, and stop looking for it, the unemployment rate will:
Unemployment rate will be higher
Unemployment rate will not change
Unemployment rate will be lower
Labor force will be bigger
If a person decides they do not need a job, and stop looking for it, the unemployment rate will: Unemployment rate will be higher Unemployment rate will not change Unemployment rate will be lower Labor force will be bigger

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Principles of Economics
Principles of Economics
Gregory Mankiw 8th Edition
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If a person decides they do not need a job, and stop looking for it, the unemployment rate will: Unemployment rate will be higher Unemployment rate will not change Unemployment rate will be lower Labor force will be bigger If a person decides they do not need a job, and stop looking for it, the unemployment rate will: O Unemployment rate will be higher O Unemployment rate will not change O Unemployment rate will be lower O Labor force will be bigger
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Transcript

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00:01 So why would unemployment rate be high? this all depends on the type of measurement that we're looking at for unemployment rate.
00:09 And the book covers six different types from u1 all the way to u6.
00:14 In the first part of the question, we're asked how would we account for people that are searching longer than you should find a job? for this one, we will use the u1 measurement because it includes the long -time unemployment.
00:26 This would be people that take considerably longer to get to find the job...
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