Suppose That Some People Report Themselves as Unemployed When,in Fact,they

question 17

Multiple Choice

Suppose that some people report themselves as unemployed when,in fact,they are working in the underground economy.If these persons were counted as employed,then

• A)both the unemployment rate and labor-force participation rate would be higher.
• B)both the unemployment rate and labor-force participation rate would be lower.
• C)the unemployment rate would be higher,and the labor-force participation rate would be higher.
• D)the unemployment rate would be lower,and the labor-force participation rate would be unaffected.

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Definitions:

Reliability

In statistics and psychometrics, reliability refers to the consistency of a measure or test over time or across different raters.

Validity

The degree to which a test accurately measures what it is intended to measure.

COPSystem

An assessment tool designed to aid in career guidance, integrating values, interests, and abilities.

Occupational Groups

Categories of occupations that are grouped together based on similar job duties, industries, or fields of expertise.