Using a Broader Measure of the Unemployment Rate Where Discouraged

question 118

Multiple Choice

Using a broader measure of the unemployment rate where discouraged workers and part-time workers who wished to work full time were counted as unemployed,the BLS estimates the unemployment rate in September 2011 would have ________ compared to the measured unemployment rate.

• A) increased by more that 7 percentage points
• B) more than doubled
• C) decreased by less than 1 percentage point
• D) barely changed

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Definitions:

Portfolio Expected Return

The anticipated return on an investment portfolio based on the predicted returns of its individual securities and their respective weights.

Royal Bank

A financial institution that is chartered or authorized to operate under a royal charter.

Reward-To-Risk Ratio

An assessment tool employed by investors to evaluate the potential returns of an investment relative to the level of risk involved in achieving those returns.

Market Efficiency

describes a market in which asset prices fully reflect all available information at any given time, making it impossible to consistently achieve higher returns.