Solved

Some People Who Are Employed or Who Are Not Making

Question 61

Multiple Choice

Some people who are employed or who are not making serious effort to find employment will report themselves as unemployed.Some people who want to find work will be counted as out of the labor force.


A) Both the first and the second fact tend to make the reported unemployment rate lower than the actual unemployment rate.
B) Both the first and the second fact tend to make the reported unemployment rate higher than the actual unemployment rate.
C) The first fact tends to make the reported unemployment rate higher than the actual unemployment rate.The second fact tends to make the reported unemployment rate lower than the actual rate.
D) The first fact tends to make the reported unemployment rate lower than the actual unemployment rate.The second fact tends to make the reported unemployment rate higher than the actual rate.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions