If discouraged workers are included in the determination of the unemployment rate, what effect will it have on the computed rate? There is no relationship between discouraged workers and the unemployment rate determination. O It will lower it because it will reduce the number of unemployed. There will be no impact. It will raise it because there are always discouraged workers.
If discouraged workers are included in the determination of the unemployment rate, what effect will it have on the computed rate? There is no relationship between discouraged workers and the unemployment rate determination. O It will lower it because it will reduce the number of unemployed. There will be no impact. It will raise it because there are always discouraged workers.
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 45P: A country with a population of eight million adults has five million employed, 500,000 unemployed,...
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