Author Question: Which of the following is true of seasonal unemployment? a. It is not included in calculating the ... (Read 19 times)

ericka1 · **on:** Jun 30, 2018

Which of the following is true of seasonal unemployment?
a. It is not included in calculating the natural rate of unemployment.
b. It is reflected in the GDP gap.
c. It is always present, even in a healthy economy.
d. It causes the natural rate of unemployment to rise.
e. It inflates potential GDP.

Question 2

Because there is no way to account for them, the official unemployment rate does not include discouraged workers. What would happen to the unemployment rate if, because of a program that gave them new hope, all discouraged workers suddenly begin reporting themselves as ready to work?
a. The official unemployment rate would remain unchanged.
b. The size of the labor force would increase.
c. The size of the labor force would remain unchanged.
d. The official unemployment rate would decrease.
e. The size of the underground economy would shrink.