1.Question 1 When an unemployed individual gives up looking for work and leaves the labor force, she...

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1.Question 1 When an unemployed individual gives up looking for work and leaves the labor force, she is no longer considered unemployed.

What happens to the unemployment rate as a result? Does this mean that the unemployment rate understates or overstates the problem of joblessness?

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Principles Of Economics

ISBN: 9780135161104

13th Edition

Authors: Karl E. Case, Ray C. Fair, Sharon E. Oster

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