Exclusion by the BLS of which of the following tends to understate the measure of unemployment in the economy?
a. children
b. retired persons
c. students
d. people who do not want to work
e. discouraged workers
E
Economics
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Using the Taylor rule, if the current inflation rate equals the target inflation rate and real GDP equals potential GDP, then the federal funds target rate equals the
A) current inflation rate plus the real equilibrium federal funds rate. B) real equilibrium federal funds rate. C) current inflation rate. D) current discount rate.
Economics
All of the following lead to a difference in income EXCEPT
A) sales tax. B) discrimination. C) the age-earnings cycle. D) marginal productivity.
Economics