The Next Question(s) Refer to the Following Data

question 64

Multiple Choice

The next question(s) refer to the following data:
Suppose a country using the Australian system of unemployment statistics has 300 million people, of whom 200 million are working age. Of these 200 million, 80 million have jobs. Of the remainder: 40 million are actively searching for jobs; 40 million would like jobs but are not searching; and 40 million do not want jobs at all.
-Macroeconomists are concerned about unemployment because changes in the unemployment rate provide information about:

• A) the welfare of those who are unemployed.
• B) the level of support payment required from the government.
• C) how efficiently the economy is utilising its human resources.
• D) Both A and B.
• E) Both A and C.

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Definitions:

Agranulocytosis

A life-threatening drop in white blood cells. This condition is sometimes produced by the second-generation antipsychotic drug clozapine.

Clozapine

An antipsychotic medication used primarily to treat severe schizophrenia, especially in cases where other medications have failed, noted for its potential to reduce the risk of suicidal behavior.

Psychotherapy

Psychotherapy is a therapeutic interaction or treatment between a trained professional and a client to understand and treat problematic behaviors, beliefs, feelings, relationship issues, and/or somatic responses.

Schizophrenia

A psychiatric condition that involves disturbances in cognitive functions, perceptions, emotions, and interactions with others.