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Author Question: Most economists agree that the measured unemployment rate tends to ________ the unemployment ... (Read 68 times)

lindiwe

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on: Jun 29, 2018
Most economists agree that the measured unemployment rate tends to ________ the unemployment problem.
 
  A) overstate
  B) understate
  C) accurately represent
  D) There is little agreement among economists regarding this issue.

Question 2

If a decision is made and it is the best choice for society, the decision is said to be
 
  A) a valid economic choice.
  B) made in self-interest.
  C) made in social interest.
  D) consist with scarcity.
  E) a want-maximizing choice.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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duke02

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


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