A Friend Wants to Learn How the Unemployment Rate Is

question 145

Multiple Choice

A friend wants to learn how the unemployment rate is calculated and how inflation is measured. He asks you which economics course to take and you advise him to enroll in

• A)macroeconomics.
• B)microeconomics.
• C)either micro- or macroeconomics. They both concentrate equally on those issues.
• D)financial accounting because economics doesn't address those topics in its courses.

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Definitions:

Social Implications

Pertains to the effects or consequences that an action or event has on society and its norms, relationships, or structures.

Sick Adolescent

A young person, usually between the ages of 13 and 19, who is currently experiencing illness or health issues.

Rejection By Peers

The act of being excluded, ignored, or dismissed by one's social group or peers.

Loneliness

The subjective feeling of being alone or isolated, regardless of the amount of social contact.