Solved

Which of the Following Is False in Regard to the Unemployment

Question 38

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:

verifed

Verified

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

Related Questions