Persons who have given up looking for work are classified as
a. unemployed.
b. discouraged workers.
c. in the labor force.
d. temporarily unemployed.
b
Economics
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When the "real" GDP falls, the rate of unemployment generally
A) equals the natural rate. B) decreases. C) increases. D) stays constant.
Economics
As compared to the estimates of the natural rate of unemployment for the United States, those for Europe are
A) higher. B) the same. C) lower. D) higher and more variable.
Economics