Which of the Following Cause the Unemployment Rate as Measured

question 180

Multiple Choice

Which of the following cause the unemployment rate as measured by the Bureau of Labor Statistics to overstate the true extent of joblessness?

• A)inflation
• B)discouraged workers
• C)counting people as employed who are working part time,although they would prefer to be working full time
• D)unemployed persons falsely report themselves to be actively looking for a job

Understand the relationship between changes in demand for products and the demand for resources used in production.

Recognize the impact of taxation, regulation, and technological advancements on market dynamics.

Understand the historical average annual compound return for stocks and the impact of inflation on these returns.

Recognize the role of the stock market in channeling individual savings into wealth-creating activities and the historical comparison between stocks and bonds returns.

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Definitions:

Unconditioned Avoidance Response

An automatic, natural reaction to avoid harm or unpleasantness without the need for previous conditioning.

Electra Complex

A psychoanalytic theory which posits that a girl during her psychosexual development experiences a sense of competition with her mother for the affections of her father.

Castration Anxiety

A psychoanalytic concept referring to a deep fear of losing one's genitalia or their function.

Oedipus Complex

A concept in psychoanalytic theory referring to a child's unconscious sexual desire for the opposite-sex parent and jealousy toward the same-sex parent.