Empirical evidence for the United States suggests that labor force participation varies directly with unemployment. Do you

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“Empirical evidence for the United States suggests that labor force participation varies directly with unemployment.” Do you agree? Explain in terms of the discouraged-worker and added-worker effects.

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Contemporary Labor Economics

ISBN: 978-1259290602

11th Edition

Authors: Campbell R. McConnell, Stanley L. Brue, David Macpherson

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