Multiple Choice
Which of the following is false in regard to the unemployment rate?
A) According to Bureau of Labor Statistics, the country loses goods and services that could have been produced.
B) A nation benefits from unemployment due to a lower level of wages required to be paid by employers.
C) According to the Bureau of Labor Statistics, families lose wages due to unemployment.
D) The unemployment rate is the percentage of a nation's labor force not working at any one time.
E) The purchasing power of unemployed workers is lost.
Correct Answer:

Verified
Correct Answer:
Verified
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