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(Solved by Expert Tutors) In each of the following cases, Ceteris Paribus, specify what happens
to the unemployment rate (increases, decreases, or remains the same) and to the labor force participation rate (increases, decreases, or remains the same).
a. Anna loses her job but does not look for another one because she decides to go back to school.
b. Matt quits his current job to start a new job immediately.
c. Linda has just graduated with a Bachelor's Degree. She is looking for her first job but has not found one yet.
d. John lost his job because of a recession. He immediately starts to look for another one.
e. Tara was fired 5 months ago. She looked for a job but could find any so she gave up looking for one.
f. Matthew was looking for a job and just found one.?
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DATE ANSWEREDApr 19, 2020
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