Business, 28.02.2020 01:51 gaby4567

Suppose there are 5 million unemployed workers seeking jobs. After a period of time, 1 million of them become discouraged over their job prospects and cease to look for work. As a result of this, all else equal, the official unemployment rate would:

A. decline.
B. increase.
C. increase in the short run but eventually decline.
D. be unchanged.

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