According to a labour force survey the rate of unemployment is 8 per cent. However, according to
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According to a labour force survey the rate of unemployment is 8 per cent. However, according to the claimant count the unemployment rate is 5 per cent. How might this difference in the rate of unemployment be explained? What dilemma does the differ- ence create for government?
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Related Book For
Principles Of Macroeconomics
ISBN: 9780465016150
1st Edition
Authors: Joseph G. Nellis, David Parker
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