All Else Equal, Which of the Following Would Increase the Unemployment

question 381

Multiple Choice

All else equal, which of the following would increase the unemployment rate?

• A) (i) and (ii) only
• B) (iii) only
• C) (ii) and (iii) only
• D) (ii), (iii), and (iv) only

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Definitions:

Population Proportion

The ratio or percentage of a particular group within a larger population that shares a characteristic.

Continuity Correction Factor

An adjustment made to a discrete probability distribution when approximating it by a continuous distribution.

Standard Error

The standard deviation of the sampling distribution of a statistic, most commonly of the mean.

Sample Proportion

The proportion of items in a sample that meet a specified condition, often used as an estimator of the population proportion.