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    Principles of Macroeconomics Study Set 11
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    Exam 7: Unemployment, Inflation, and Long-Run Growth
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    Explain Why Some Economists Argue That Counting Discouraged Workers as Unemployed
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Explain Why Some Economists Argue That Counting Discouraged Workers as Unemployed

Question 2

Question 2

Essay

Explain why some economists argue that counting discouraged workers as unemployed gives a better picture of the unemployment situation. How would the magnitude of the unemployment rate change if discouraged workers were counted as unemployed?

Correct Answer:

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