Which of the following can cause official unemployment figures to ...

[sheilaspns]

Which of the following can cause official unemployment figures to underestimate the true unemployment rate?
 
  A) Some people get discouraged and quit looking for a job.
  B) Some people engage in illegal activities.
  C) Some people work off the books.
  D) Some people work overtime.

Question 2

When negative externalities exist, the private market equilibrium represents a
 
  A) market price which is too low and a market quantity which is too low.
  B) market price which is too low and a market quantity which is too high.
  C) market price which is too high and a market quantity which is too low.
  D) market price which is too high and a market quantity which is too high.

[TDubDCFL]

Answer to Question 1

A

Answer to Question 2

B