Explain whether each of the following events increases, decreases, or has no effect on the unemployment rate
Question:
Explain whether each of the following events increases, decreases, or has no effect on the unemployment rate and the labor-force participation rate.
a. After a long search, Jon finds a job.
b. Tyrion, a full-time college student, graduates and is immediately employed.
c. After an unsuccessful job search, Arya gives up looking and retires.
d. Daenerys quits her job to become a stay-at-home mom.
e. Sansa has a birthday, becomes an adult, but has no interest in working.
f. Jaime has a birthday, becomes an adult, and starts looking for a job.
g. Cersei dies while enjoying retirement.
h. Jorah dies working long hours at the office.
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a When Jon finds a job after a long search the unemployment rate decreases and there is no effect on ...View the full answer
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