Which of the following cause the unemployment rate as measured by the Bureau of Labor Statistics to understate the true extent of joblessness?
A) inflation
B) discouraged workers
C) people employed in the underground economy
D) unemployed persons falsely report themselves to be actively looking for a job
Answer: B
Economics
You might also like to view...
Changes in GDP in the long run are determined primarily by
A) monetary policy. B) fiscal policy. C) demand. D) all of the above E) none of the above
Economics
In an economy it costs $1,500 to produce 2,000 units of output. If the costs increase to $2,500, then the per unit cost of production will have increased from:
A. $0.75 to $1.25 B. $0.75 to $1.00 C. $1.33 to $1.75 D. $0.80 to $1.33
Economics