2. What factors tend to understate the extent to which the official unemployment rate accurately measures the

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2. What factors tend to understate the extent to which the official unemployment rate accurately measures the degree of economic hardship in the nation? What factors lead some observers to conclude that the official unemployment rate overstates economic hardship?

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Contemporary Labor Economics

ISBN: 9780073375953

9th Edition

Authors: Campbell McConnell, Stanley Brue, David Macpherson

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