? Question 2.5: What would happen to the labor force participation, employment, and unemployment rates if a group of people who were employed full time decide to stay at home with their kids? (Choose one answer for each category) Labor Force Participation Rate ⚫Decrease Increase Employment Rate • Decrease Increase Unemployment Rate Decrease Increase Stay the same Stay the same • Stay the same

Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
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Chapter6: Macroeconomic Measurements, Part I: Prices And Unemployment
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Question 2.5: What would happen to the labor force participation, employment, and unemployment
rates if a group of people who were employed full time decide to stay at home with their kids? (Choose
one answer for each category)
Labor Force Participation Rate
⚫Decrease
Increase
Employment Rate
• Decrease
Increase
Unemployment Rate
Decrease
Increase
Stay the same
Stay the same
• Stay the same
Transcribed Image Text:? Question 2.5: What would happen to the labor force participation, employment, and unemployment rates if a group of people who were employed full time decide to stay at home with their kids? (Choose one answer for each category) Labor Force Participation Rate ⚫Decrease Increase Employment Rate • Decrease Increase Unemployment Rate Decrease Increase Stay the same Stay the same • Stay the same
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