Explain what happens to a nation's unemployment rate, employment rate, and labor force participation rate if unemployed

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Explain what happens to a nation's unemployment rate, employment rate, and labor force participation rate if unemployed individuals become so discouraged that they stop looking for jobs.

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Managing in a Global Economy Demystifying International Macroeconomics

ISBN: 978-1285055428

2nd edition

Authors: John E. Marthinsen

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Question Posted: Mar 09, 2016 06:44 AM

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Explain what happens to a nation's unemployment rate, employment rate, and labor force participation rate if unemployed

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The unemployment rate falls because fewer people a...View the full answer

Managing in a Global Economy Demystifying International Macroeconomics

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