Suppose Argentina has the following table: 2016 2017 LFPR 77% 82% Labor Force 204 220 Unemployed 92 84 Which of the following is correct? O the CNP increased from 2016 to 2017 and the not in the labor force fell O unemployment rate increased from 2016 to 2017 and the not in the labor force fell O the CNP increased from 2016 to 2017 and the employed decreased O not in the labor force increased from 2016 to 2017 and the decreased

ENGR.ECONOMIC ANALYSIS
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Author:NEWNAN
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Chapter1: Making Economics Decisions
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Suppose Argentina has the following table:
2016
2017
LFPR
77%
82%
Labor Force
204
220
Unemployed
92
84
Which of the following is correct?
O the CNP increased from 2016 to 2017 and the not in the labor
force fell
O unemployment rate increased from 2016 to 2017 and the not in
the labor force fell
O the CNP increased from 2016 to 2017 and the employed
decreased
O not in the labor force increased from 2016 to 2017 and the
decreased
Transcribed Image Text:Suppose Argentina has the following table: 2016 2017 LFPR 77% 82% Labor Force 204 220 Unemployed 92 84 Which of the following is correct? O the CNP increased from 2016 to 2017 and the not in the labor force fell O unemployment rate increased from 2016 to 2017 and the not in the labor force fell O the CNP increased from 2016 to 2017 and the employed decreased O not in the labor force increased from 2016 to 2017 and the decreased
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