Multiple Choice
Official unemployment statistics:
A) understate unemployment because individuals receiving unemployment compensation are counted as employed.
B) understate unemployment because discouraged workers are not counted as unemployed.
C) include cyclical and structural unemployment but not frictional unemployment.
D) overstate unemployment because workers who are involuntarily working part time are counted as being employed.
Correct Answer:

Verified
Correct Answer:
Verified
Q37: Dr.Homer Simpson, an economics professor, decided to
Q37: The unemployment rate of<br>A) women greatly exceeds
Q41: Given the annual rate of inflation, the
Q44: Answer the question on the basis
Q45: (Consider This)Some economists believe that modest inflation,say
Q47: In which phase of the business cycle
Q133: Cyclical unemployment results from<br>A)a deficiency of spending
Q176: In the United States, the rate of
Q192: An annual rate of inflation of 7
Q264: Real income is found by<br>A) dividing nominal