Due to the subjective nature of the questions that would be needed to determine if someone is underemployed or a discouraged worker, adjusting the unemployment rate to accurately reflect these situations
A) is very easy to do.
B) is somewhat difficult.
C) is impossible.
D) Since so few people are actually underemployed or discouraged workers, adjusting the unemployment rate to reflect these situations is considered an unnecessary waste of time.
Question 2
The furniture industry consists of many manufacturers producing differentiated products. The market structure that best fits the furniture industry is probably
A) perfect competition.
B) monopolistic competition.
C) monopoly.
D) oligopoly.
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