Assume that the government decides to count discouraged workers in the official statistics. Which of the following would follow from that decision? A. The number of employed would rise B. The number of unemployed would rise C. The labor force participation rate would fall D. Nothing would happen because discouraged workers are already counted in the official statistics

Assume that the government decides to count discouraged workers in the official statistics. Which of the following would follow from that decision? A. The number of employed would rise B. The number of unemployed would rise C. The labor force participation rate would fall D. Nothing would happen because discouraged workers are already counted in the official statistics

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter12: Business Cycles And Unemployment

Section: Chapter Questions

Problem 3SQP

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Assume that the government decides to count discouraged workers in the official statistics. Which of the following would follow from that decision?

		A. The number of employed would rise
		B. The number of unemployed would rise
		C. The labor force participation rate would fall
		D. Nothing would happen because discouraged workers are already counted in the official statistics

Definition Definition State in which an individual is without work, despite actively seeking employment opportunities. The unemployment rate refers to the percentage of the workforce that is currently unemployed. Unemployment is one of the key indicators of the conditions prevailing in an economy. It is therefore considered a barometer that points out the condition of an economy.

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