Problems with interpreting the unemployment rate as a measure of labor market tightness include

A) those not in the labor force.
B) dissatisfied workers.
C) marginally attached workers.
D) biases in the CPI.

C

Economics

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Which of the following happens if the long-run real interest rates fall?

A) The demand for loans fall. B) Employment increases. C) Nominal wages fall. D) Imports increase.

Economics

Which of the following is true of the market for labor?

A) Workers are the suppliers of labor. B) Workers are the demanders of labor. C) The labor supply curve is perfectly elastic. D) The labor demand curve is perfectly elastic.

Economics