Explain Why Some Economists Argue That Counting Discouraged Workers as Unemployed

question 2

Essay

Explain why some economists argue that counting discouraged workers as unemployed gives a better picture of the unemployment situation. How would the magnitude of the unemployment rate change if discouraged workers were counted as unemployed?

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Definitions:

Heart Sounds

Heart sounds are the noises generated by the beating heart and the resultant flow of blood through it, typically heard with a stethoscope.

Heart Valves

Structures within the heart that open and close to control the flow of blood between its chambers and into the arteries.

ECG Pattern

The visual representation of the electrical activity of the heart as recorded by an electrocardiogram.

P Wave

A deflection in the ECG representing the electrical activity of atrial depolarization, preceding the contraction of the atria.