Discouraged workers are ________ in the unemployment rate, and this tends to ________ the unemployment rate

A) counted; overstate
B) counted; understate
C) not counted; overstate
D) not counted; understate

D

Economics

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At a Mufflers-R-Us repair shop customers have the opportunity to wait in a room with chairs, a television, magazines, coffee and donuts. The economic way of thinking suggests the muffler shop is

A) selling mufflers below cost. B) selling the additional goods and services below cost. C) attempting to increase its total profit D) engaging in unfair trade practice because it provides the goods and services free of charge. E) almost certainly doing none of the above.

Economics

The Full Employment and Balanced Growth Act of 1978 is also called the Humphrey-Hawkins Act and requires the President to appear before Congress twice a year to present his forecast for the economy

Indicate whether the statement is true or false

Economics