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All else equal, the unemployment rate will definitely rise if there is an increase in the population. there is an economic ex

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Answer #1

Answer: There is an increase in population

Unemployment Rate = (Total number of unemployed people / Labor Force) * 100

Labor Force = Number of employed people + Number of unemployed people

All else equal, if there is an increase in population, the number of people looking for job will rise. If job is not created, i.e., if demand for labor remains constant, the number of unemployed people will rise with the increase of population. As a result, the unemployment rate will rise.

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