What is one reason the government collects data about discouraged workers?
A. The number of discouraged workers is a better indicator of unemployment.
B. Some people argue that the unemployment rate underestimates true unemployment because it does not include discouraged workers.
C. Some people argue that the unemployment rate overestimates true unemployment because it includes discouraged workers.
D. To include them in the standard measure of unemployment because they can't find jobs.
Answer: B
You might also like to view...
Extraneous events that are completely unrelated to economic fundamentals are called
A) moonbeams. B) black holes. C) sunspots. D) time warps.
Other things being equal, during a period when the federal government issues more Treasury securities to borrow funds
A) the flow of government expenditures during that period must exceed the flow of tax revenues. B) the flow of government expenditures during that period must exceed the stock of tax collections. C) the stock of government deficit spending during that period must exceed the flow of tax revenues. D) the stock of government deficit spending during that period must exceed the stock of tax collections.
When x increases leading decrease in output, a better policy tool is
A) decrease in policy rate. B) increase in policy rate. C) increase in government spending. D) decrease in government spending.
Which of the following would be the best example of regulatory capture?
A)Starbucks buys up all the available supplies of coffee beans B)Federal law makers write and pass legislation that protects domestic companies from foreign competition. C)Executives from the Ford, General Motors, and Chrysler companies write the rules regulating automobile D) Nike executives influence the rules for track and field events