APFIVE Labor Force Participation Rate Change
An economy experiences the following changes over one year: employment increases by 2%, the working-age population increases by 3%, and the unemployment rate remains constant. What must have happened to the labor force participation rate?
A
It decreased by approximately 1 percentage point
B
It remained constant
C
It increased
D
It decreased
Question Leaderboard
| Rank | |||||
|---|---|---|---|---|---|
| #1 | nanxzu | 1 | 1 | 0m 29s | 71 |
| #2 | valentina.rivas | 0 | 1 | 0m 00s | -10 |
| #3 | jia.savla10 | 0 | 2 | 0m 00s | -20 |
| #4 | thut15846 | 0 | 1 | 0m 31s | -41 |
Items per page:
10
1 – 4 of 4