A declining unemployment rate: is always an indication that the economy is perfo

Question

A declining unemployment rate:

is always an indication that the economy is performing well.

is always an indication that the economy is performing poorly.

is generally an indication that the economy is performing well if the labor force is not shrinking.

is generally an indication that the economy is performing poorly if the labor force is also growing.

is always an indication that the economy is performing well.

is always an indication that the economy is performing poorly.

is generally an indication that the economy is performing well if the labor force is not shrinking.

is generally an indication that the economy is performing poorly if the labor force is also growing.

Explanation / Answer

unemployment in an economy is the no. of people in the economy that are not employed in the labour force, so if unemployment is decreasing then it should not be because of decrease in labour force, and if there is a genuine decrease in eunemployment without change in labour force than this is an indication that the economy is performing well.

so answer is c

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