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Author Question: How do the Bureau of Labor Statistics and the Bureau of the Census estimate U.S. unemployment each ... (Read 236 times)

joblessjake

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on: Jun 30, 2018
How do the Bureau of Labor Statistics and the Bureau of the Census estimate U.S. unemployment each month?
 a. They contact each state's unemployment office and gather data on new claims for unemployment.
  b. They randomly survey about 60,000 U.S. households to determine how many people are in the labor force, and what proportion of them is unemployed.
  c. They track released prisoners. These agencies adjust released prisoner employment unemployment rate proxy (PURP).
  d. None of the above are correct.

Question 2

Demand-pull inflation is caused by a rightward shift of the aggregate demand curve.
 a. True
  b. False
  Indicate whether the statement is true or false


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wilsonbho

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

True


joblessjake

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Reply #2 on: Jun 30, 2018
Thank you


wilsonbho

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Reply #3 on: Jun 30, 2018
No problemo


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