An individual that was not in the labor force now decides to look for a job, the unemployment rate increases.Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer.aTruebFalsecCan't telldStays the same

An unemployed worker gets discouraged and stops searching for a job. What happens to the unemployment rate?Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer.aIt increasesbIt decreasescI can't tell

A worker quits his job and decides to stay at home catching up on a series on Netflix. What would happen to the unemployment rate?Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer.aIt increasesbIt decreasescI can't tell

According to Pfeffer, which of the following happens first when a layoff is announced?Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer.aCompanies lose people they don’t want to lose.bMorale declines and fear rises in the workplace.cPeople head for the door who have not been laid off.dMotivation, commitment, and job satisfaction decline.

Suppose the economy has unemployment level close to 15%. A proper fiscal policy might be which of the following:Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer.aa decrease in interest ratesba decrease in income taxescdecrease in government spendingdan equal decrease in government spending and taxes

Borrowers would prefer monetary policy to ameliorate a recession, as opposed to fiscal policy.Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.aTruebFalsecCan't tell