Solved: Why would the unemployment rate go up or down, Macroeconomics

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Why would the unemployment rate go up or down

Problem

Case Study: Hiring Picks Up, But Jobless Rate Rises

Imagine that during an expansion the U.S. economy adds 300,000 jobs. In addition, because of the improving economic conditions, the labor force increases by 200,000. Would the unemployment rate go up or down?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Why would the unemployment rate go up or down

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