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Which of the Following Statements Is False

question 17

Multiple Choice

Which of the following statements is false?


Definitions:

Unemployment Rate

The fraction of job-seeking individuals within the labor force who are currently unemployed.

Labor Force

The total number of people, including both the employed and unemployed, who are actively seeking work.

Discouraged Workers

Individuals who are not actively looking for work because they believe no jobs are available for them or there are none for which they would qualify.

Unemployment Insurance

A state-funded initiative offering monetary support to people unemployed due to circumstances beyond their control.

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