Mike recently lost his job as a construction worker. During this unemployment spell, Mike actively searched for work but recently took a job that paid cash "under the table" while he continued to search and collect unemployment payments. Mike would be considered __________ by the Bureau of Labor Statistics but his inclusion would cause the officially reported unemployment rate to __________ the

true unemployment rate.
a. an involuntary part-time worker; overestimate
b. a discouraged worker; underestimate
c. unemployed; underestimate
d. unemployed; overestimate
e. employed; equal


D

Economics

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Economics