Labor Economics
Labor Economics
8th Edition
ISBN: 9781260484434
Author: George Borjas
Publisher: Mcgraw-hill Higher Education (us)
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Chapter 12, Problem 10P

(a)

To determine

Explain the discouraged workers in the unemployment rate calculation.

(b)

To determine

Explain mathematically if discouraged workers are treated as unemployed.

(c)

To determine

Explain mathematically that the unemployment rates are defined by the Bureau of Labor Statistics.

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