3) Oficial unemployment rate stati (a) overstate the amount of unemployment by including part-time workers in the calculations. (h) understate the amount of unemployment by excluding part-time workers in the caleulations (e) everstate the amount of unemployment because of the presence of "discouragrd" workers whe are nt actively seeking employment. (d) understate the amount of unemployment because of the presence of "discouraged workers whe ar met actively seeking employ ment.

3) Oficial unemployment rate stati (a) overstate the amount of unemployment by including part-time workers in the calculations. (h) understate the amount of unemployment by excluding part-time workers in the caleulations (e) everstate the amount of unemployment because of the presence of "discouragrd" workers whe are nt actively seeking employment. (d) understate the amount of unemployment because of the presence of "discouraged workers whe ar met actively seeking employ ment.

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter21: Unemployment

Section: Chapter Questions

Problem 41CTQ: Unemployment rates have been higher in many European countries in recent decades than in the United...

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