7. The official unemployment rate may not reflect the true state of unemployment because: a. part-time employees who want to work more hours are treated the same statistically as those who hold full-time jobs. b. some individuals who want to work may become discouraged and cease actively looking for work. c. workers laid off from their jobs and looking for new ones are not counted among the unemployed. d. (a) and (b) only. The official unemployment rate may not reflect the true state of unemployment because: a. Some workers may go through the motions of looking for work to keep their unemployment benefits, but not actually be looking for work. b. Some people who are working in the underground economy may be classified as unemployed. c. Some may leave the labor force and go back to school only because job conditions are currently poor. d. all of the above. 9. If the numbers of employed and unemployed do not change but the size of the civilian population increases by 15%, what would be the effect? a. no change in the unemployment rate and a decrease in the labor force participation rate b. an increase in the unemployment rate and a decrease in the labor force participation rate c. an increase in the unemployment rate and no change in the labor force participation rate d. an increase in the unemployment rate and an increase in the labor force participation rate 10. The unemployment rate may underestimate the true extent of unemployment if: a. many part-time employees would like to work full-time, but are unable to get the additional work. b. employees increase the number of hours they work overtime. c. there are a large number of people working in the underground economy. d. any of the above occur. 11. The unemployment rate may overestimate the true extent of unemployment if: a. many part-time employees would like to work full-time, but are unable to get the additional work. b. many people become discouraged and cease looking for work. c. people falsely claim that they are actively seeking work in order to receive unemployment benefits. d. all of the above 12. Kathryn chooses to go to college full-time rather than to work. Kathryn: a. is not part of the labor force. b. is part of the labor force and what economists call a discouraged worker. c. is part of the labor force, but not actively seeking work. d. is considered employed. 13. The most significant real economic cost of high unemployment is: a. the money cost of unemployment insurance payments to the unemployed. b. the lost tax revenue that might have been paid by persons if they had worked. c. the difference in income between a person's lost job and new job d. the potential goods and services that might have been produced but weren't