Indicate what happens to the unemployment rate and the labor-force participation rate in each of the...
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Indicate what happens to the unemployment rate and the labor-force participation rate in each of the following scenarios. Scenario Nick, a full-time college student, graduates and is immediately employed. Rosa, a stay-at-home mom, starts looking for a job as her kid enters elementary school Tim has a birthday, becomes an adult, but has no interest in working. Alyssa dies working long hours at the office. Unemployment Rate Effect On... Labor-Force Participation Rate Indicate what happens to the unemployment rate and the labor-force participation rate in each of the following scenarios. Scenario Nick, a full-time college student, graduates and is immediately employed. Rosa, a stay-at-home mom, starts looking for a job as her kid enters elementary school Tim has a birthday, becomes an adult, but has no interest in working. Alyssa dies working long hours at the office. Unemployment Rate Effect On... Labor-Force Participation Rate
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Scenario 1 When Nick a fulltime college student graduates and is immediately employed the laborforce ... View the full answer
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