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Author Question: The effect of _____ is to produce an unemployment rate that understates actual unemployment. a. the ... (Read 51 times)

maychende

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on: Jun 30, 2018
The effect of _____ is to produce an unemployment rate that understates actual unemployment.
 a. the underground economy
  b. discouraged workers and underemployment
  c. the growth in real GDP
  d. institutionalized and retired labor force
  e. seasonally unemployed workers

Question 2

Who among the following people will an economist consider underemployed?
 a. Someone who prefers to spend more time on leisure and less time on wage-earning activities
  b. A person who is working part-time at wage-earning activities, but prefers a full-time employment
  c. A rock star who voluntarily chooses to work part-time
  d. Someone who is in prison and is willing to work from his cell
  e. A gardener who hates plants but still does the job because he or she has no other skills


snackralk

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

b


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maychende

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Reply #2 on: Jun 30, 2018
Thank you :)


snackralk

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Reply #3 on: Jun 30, 2018
Happy to help you


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