Solved

The Unemployment Rate Is Supposed to Measure ________

Question 50

Multiple Choice

The unemployment rate is supposed to measure ________. It is an imperfect measure because ________.


A) the number of unemployed plus the number of discouraged searchers expressed as a percentage of the labour force; it excludes the discouraged searchers because Statistics Canada considers them as employed
B) the percentage of the working-age population who are unemployed; it is impossible to count everyone in the working-age population
C) the percentage of the labour force who are unemployed; it is impossible to count everyone in the labour force
D) the underutilization of labour resources; it excludes some underutilized labour and some unemployment is unavoidable
E) the underutilization of labour resources; it includes part-time workers and excludes discouraged workers

Correct Answer:

verifed

Verified

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

Related Questions