Which of the Following Causes the Unemployment Rate to Understate

question 30

Multiple Choice

Which of the following causes the unemployment rate to understate the true extent of joblessness?

• A)Many full time workers really want to be part time workers.
• B)Persons who collect unemployment benefits report themselves to be searching for a job.
• C)Discouraged workers are not counted as unemployed.
• D)A drug dealer reports herself as unemployed.
• E)Discouraged workers are counted as unemployed.

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Definitions:

Honesty in Fact

A concept referring to the genuine intention or belief without intent to deceive in transactions or dealings.

Conform to Contract

The requirement that goods or services supplied under a contract must meet the specifications agreed upon in the contract.

Substitute Goods

Products or services that can be used in place of one another, offering consumers alternatives.

Risk of Loss

Risk of loss refers to the legal and financial responsibility for damages, destruction, or loss of property, often determining who bears this risk during transactions or in the event of unforeseeable incidents.