Which of the following can cause official unemployment figures to underestimate the true unemployment rate?
A) Some people get discouraged and quit looking for a job.
B) Some people engage in illegal activities.
C) Some people work "off the books."
D) Some people work overtime.
A
Economics
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In the above figure, which point represents the under use of resources?
A) point F B) point G C) point H D) point K
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Government can overcome the free rider problem by collecting taxes and using the funds to provide individuals with nonexcludable public goods that they want to buy but the market cannot provide
Indicate whether the statement is true or false
Economics