Suppose that the labor force participation rate decreases, output will decrease
ID: 1228217 • Letter: S
Question
Suppose that the labor force participation rate decreases, output will decrease because
the employment level increases moving the economy out along the production function
the production function shifts down
the production function shifts up
the employment level decreases moving the economy back along the production function
A.the employment level increases moving the economy out along the production function
B.the production function shifts down
C.the production function shifts up
D.the employment level decreases moving the economy back along the production function
Explanation / Answer
the production function shifts down
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