Chapter 21: Q 10. (page 524)
Are all adults who do not hold jobs counted as unemployed?
Short Answer
No, this is not right and not possible too.
Chapter 21: Q 10. (page 524)
Are all adults who do not hold jobs counted as unemployed?
No, this is not right and not possible too.
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Get started for freeIs a decrease in the unemployment rate necessarily a good thing for a nation? Explain.
What is structural unemployment? Give examples of structural unemployment.
Would you expect hidden unemployment to be higher, lower, or about the same when the unemployment rate is high, say , versus low, say ? Explain.
What happens to the labor force participation rate when employed individuals are reclassified as unemployed? What happens when they are reclassified as discouraged workers?
If many workers become discouraged from looking for jobs, explain how the number of jobs could decline but the unemployment rate could fall at the same time.
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