One Shortcoming of the Official Unemployment Rate Is That It

question 145

Multiple Choice

One shortcoming of the official unemployment rate is that it

• A) is very stable through recessions and is unreliable as an economic indicator.
• B) includes only workers who have no jobs and are actively seeking work.
• C) accounts for underemployed workers and discouraged workers.
• D) only indicates the length of unemployment.
• E) is unreliable because it is easily manipulated by the government.

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Definitions:

Mean-Level Change

A statistical measure that refers to the change in the average score of a given variable over time across a population.

Rank-Order Consistency

The principle that individual differences in personality traits remain relatively stable over time.

Cross-Sectional Study

A type of observational research that analyzes data from a population, or a representative subset, at a specific point in time.

Been Replicated

Indicates that a study's findings have been successfully reproduced in subsequent research, confirming the reliability and validity of the original results.