In 1994, the Bureau of Labor Statistics started to report

A) the unemployment rate weekly to provide a better picture of the labor market.
B) alternative measures of the unemployment rate that include narrower measures of the labor market.
C) alternative measures of the unemployment rate that include broader measures of the labor market.
D) the unemployment rate by surveying 200,000 households.
E) B and C are correct answers.

E

Economics

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A relative price is

A) the number of dollars that must be given up in exchange for the good. B) also called the money price. C) not an opportunity cost. D) the ratio of one price to another price.

Economics

The omission of household production causes actual economic production to be underestimated

Indicate whether the statement is true or false

Economics