Including Discouraged Workers in the Calculation of the Unemployment Rate

question 295

Multiple Choice

Including discouraged workers in the calculation of the unemployment rate would

• A) increase the reported rate.
• B) lower the reported rate.
• C) not change the reported rate.
• D) change the reported rate, but in an unpredictable manner.

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Definitions:

Unresolved

Referring to issues, disputes, or questions that have not been settled or concluded.

Arbitrator

A neutral third party who is brought in to resolve a dispute between two parties, making a decision that is usually binding.

Senior Management

High-level executives who are responsible for managing the overall operations and resources of a company or organization.

Chief Steward

A chief steward in a union context is a lead union representative who handles grievances, negotiations, and communication between the union members and management.