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Explain two shortcomings of using the official unemployment rate as an economic indicator.
Underwriter
A financial specialist or institution that evaluates and assumes the risk of another party's financial products, often seen in insurance and securities.
Offering Price
The price at which shares of a company are made available for sale to the public during an initial public offering (IPO) or secondary offering.
Market Price
The current financial value at which an asset or service can be acquired or disposed of in the market.
Ownership Position
The stake or interest that a person or entity has in an asset.
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