Official unemployment rates may underestimate the true rate of unemployment because the official rate
A. may include some individuals who are not actually in the labor force.
B. includes those workers who only work part time.
C. does not include individuals receiving any type of unemployment compensation.
D. fails to include discouraged workers.
Answer: D
You might also like to view...
If income and the prices of both goods all double, the budget line will
a. become flatter b. become steeper c. remain unchanged d. experience a parallel outward shift e. experience a parallel inward shift
Use the simple deposit multiplier to help show why the money supply increases when the Fed lowers the required reserve ratio (r)
India’s real GDP was $2.5 trillion in 2018. Using the simple aggregate expenditure model and assuming that the country’s economy was in equilibrium, what was India’s aggregate expenditure?
a. $25 billion b. $250 billion c. $2.5 trillion d. $250 trillion
How does a monopolist's marginal revenue change as output increases? Why?
What will be an ideal response?