One Misconception That People Often Have About Unemployment Is That

question 125

Multiple Choice

One misconception that people often have about unemployment is that

• A) unemployment is a macroeconomic topic.
• B) unemployment is important to the economy.
• C) as a nation,we should aim for zero unemployment.
• D) the unemployment rate does not tell the whole story about the employment situation.
• E) discouraged workers are not included in the official unemployment rate.

---

Definitions:

Mode

The value that appears most frequently in a data set, a measure of central tendency.

College Student

A person who is enrolled in an institution of higher education to pursue a degree or certificate.

Final Exam Week

A designated week at the end of a term or semester during which final exams are administered.

Mean Salary

The average amount of money earned by employees in a particular job, industry, or region, calculated by summing all salaries and dividing by the number of employees.