Some people who are employed or who are not making serious effort to find employment will report themselves as unemployed. Some people who want to find work will be counted as out of the labor force
a. Both the first and the second fact tend to make the reported unemployment rate lower than otherwise.
b. Both the first and the second fact tend to make the reported unemployment rate higher than otherwise.
c. The first fact tends to make the reported unemployment rate higher than otherwise, while the second fact tends to make the reported unemployment rate lower than otherwise.
d. The first fact tends to make the reported unemployment rate lower than otherwise, while the second fact tends to make the reported unemployment rate higher than otherwise.
c
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As the number of years of schooling completed increases, the expected private return and private cost of education
(a) increase at roughly the same rate. (b) increase at different rates with expected private return increasing at a slower rate than private cost. (c) increase at different rates with expected private return increasing at a faster rate than private cost. (d) do not increase.
"Inside information" is the use of information
A) by those who read the companies' annual reports. B) by those who write the companies' annual reports. C) by stockbrokers at the largest brokerage firms. D) that is not available to the public.