The unemployment rate:
a. Underestimates unemployment because of discouraged workers.
b. Underestimates unemployment because of voluntary unemployment.
c. Overestimates unemployment because of voluntary unemployment.
d. Overestimates unemployment because of discouraged workers.

Question

The unemployment rate:
a. Underestimates unemployment because of discouraged workers.
b. Underestimates unemployment because of voluntary unemployment.
c. Overestimates unemployment because of voluntary unemployment.
d. Overestimates unemployment because of discouraged workers.

The unemployment rate:

a. Underestimates unemployment because of discouraged workers.

b. Underestimates unemployment because of voluntary unemployment.

c. Overestimates unemployment because of voluntary unemployment.

d. Overestimates unemployment because of discouraged workers.

Unlock all answers

Related textbook solutions

Principles of Economics

Principles of Macroeconomics

Principles of Microeconomics

Weekly leaderboard

The unemployment rate: a. Underestimates unemployment because of discouraged workers. b. Underestimates unemployment because of voluntary unemployment. c. Overestimates unemployment because of voluntary unemployment. d. Overestimates unemployment because of discouraged workers.