The Unemployment Rate Does Not Explicitly Include Underemployed and Discouraged

question 78

True/False

The unemployment rate does not explicitly include underemployed and discouraged workers.

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Definitions:

Probability

The chance that a particular outcome of an event will occur; depends on the total number of outcomes possible.

Event Occur

A phrase suggesting the happening or occurrence of an event or action.

Time-Tested

Proven to be reliable or effective over a long period.

Deductive Reasoning

A logical process in which a conclusion follows necessarily from the stated premises, proceeding from the general to the specific.