Suppose That Some People Are Counted as Unemployed When,to Maintain

question 93

Multiple Choice

Suppose that some people are counted as unemployed when,to maintain unemployment compensation,they search for work only at places where they are unlikely to be hired.If these individuals were counted as out of the labor force instead of as unemployed,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 lower,and the labor-force participation rate would be higher.
• D)the unemployment rate would be higher,and the labor-force participation rate would be lower.

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Definitions:

Brand Awareness

The extent to which consumers are familiar with the distinctive qualities or image of a particular brand of goods or services.

Breakeven Point

The point at which total costs and total revenue are equal, meaning there is no net loss or gain.

Sales Growth

An increase in the amount of products or services sold by a company over a specific period, indicating the company's performance improvement.

Consumer Price

The price at which a product or service is sold to the end consumer.