Author Question: The effect of _____ is to produce an unemployment rate that understates actual unemployment. a. the ... (Read 67 times)

maychende

  • Hero Member
  • *****
  • Posts: 556
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

  • Sr. Member
  • ****
  • Posts: 363
Answer to Question 1

b

Answer to Question 2

b



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

For a complete list of videos, visit our video library