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    Business
  3. Study Set
    Macroeconomics Study Set 43
  4. Exam
    Exam 9: A: Business Cycles, Unemployment, and Inflation
  5. Question
    What Are Two Criticisms of the Unemployment Rate? How Do
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What Are Two Criticisms of the Unemployment Rate? How Do

Question 7

Question 7

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What are two criticisms of the unemployment rate? How do these criticisms relate to the overstating or understating of the unemployment rate?

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First, the official data understates the...

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