If the Unemployment Rate Rises Because the Number of People

question 141

Multiple Choice

If the unemployment rate rises because the number of people not working but searching for work rises, economists would attribute this to the

• A)fallacy of composition.
• B)encouraged worker effect.
• C)discouraged worker effect.
• D)none of the options are correct.

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Definitions:

Indorses

Acts of signing one's name on the back of a negotiable instrument, thereby transferring rights associated with the instrument to another party.

Negotiates

Engages in discussions aimed at reaching an agreement in situations involving varying interests.

Incomplete Note

A financial or promissory note missing essential details, making it unenforceable or incomplete until the information is furnished.

Unauthorized Manner

Refers to actions or operations carried out without official permission or approval.