During a recession, people đropout of the labor force because they are unable to find a job. All else the same, this Select one: Ca increases the official U-3unemployment rate.. Ob decreases the official U-3unemployment rate. does not change the official U-3 unemploymentrate. d. increases the official U-3 unemployment rate and the labor force participation rate.

During a recession, people đropout of the labor force because they are unable to find a job. All else the same, this Select one: Ca increases the official U-3unemployment rate.. Ob decreases the official U-3unemployment rate. does not change the official U-3 unemploymentrate. d. increases the official U-3 unemployment rate and the labor force participation rate.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Quiz: Final Xx B BVT Publis X S Beebe Ma X ECON 1-X Beebe Ma x PortalGua urses/64110/quizzes/228875/take empt oniy. Exam nas O De compieted withnIN the nour trom the Ime you open the exam. Cannot ieave ang come exam. Question 1 1 pt Official unemployment rates may underestimate the true rate of unemployment because the official rate O includes those worker who only work part time O may include some individaals who are actually in the labor force O only includes individuals receiving any type of unemployment compensation O fails to include discouraged workers 1 pts Question 2
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