Suppose the labor force stays constant, and the working-age population stays constant, but a greater number of person employed. The labor force participation rate will not change in a way that can be predicted. remain constant. decrease. increase.
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Step 1: If the labor force stays constant, it means that the number of people who are either employed or actively seeking employment remains the same. Show more…
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Please choose the correct answers: All else constant, assume that a large number of persons who were unemployed become employed. This will cause the unemployment rate to rise/fall/remain unchanged/change ambiguously; and the labor force participation rate to rise/fall/remain unchanged/change ambiguously.
T. L.
All else constant, assume that a large number of persons who were unemployed become employed. This will cause the unemployment rate to rise/fall/remain unchanged/change ambiguously; and the labor force participation rate to rise/fall/remain unchanged/change ambiguously.
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