cautious and decide to save more of their income of saving and investment according to...

70.2K

Verified Solution

Question

Basic Math

image

cautious and decide to save more of their income of saving and investment according to neoclassical economics the interest rate will decrease saving and investment will decrease the interest rate will decrease saving and Investment will increase the interest rate will increase saving and investment will decrease the interest rate will increase saving and investment will increase Question 50 2 points Saved 4 Listen Suppose there are 20 million part time workers and 100 million full time workers in an economy 3 million of the part time workers switch to full time work with no change in the labor force participation rate As a result the official unemployment rate will fall the size of the labor force will increase official unemployment rate will rise official unemployment rate will remain unchanged

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students