Discouraged workers and underemployed workers By keeping track of discouraged and underemployed workers, Statistics Canada gets a clearer picture of the true employment situation than if it looked only at the number of unemployed workers. Which of the following statements correctly describe discouraged workers?Check all that apply. They arenotin the labour force. They havenotlooked for work during the past four weeks. They are employed workers who want to earn higher wages. They are part-time workers who want to work full-time. Consider a hypothetical economy in which the labour force consists of 180 people. Of those, 144 people are employed full-time and 36 people are unemployed. The government of this economy follows the same conventions as Statistics Canada in computing its employment figures. The unemployment rate is calculated as the number of unemployed people divided by the number of people in the labour force: UnemploymentRateUnemploymentRate==NumberofUnemployedPeopleLabourForceNumberofUnemployedPeopleLabourForce==3618010036180100==20%20% Suppose a reduction in foreign demand for this economy's products causes an economic recessiona prolonged period of declining output. The following table presents two possible scenarios resulting from the recession. Calculate the unemployment rate associated with each scenario. Scenario Unemployment Rate A.Firms reduce work hours by 25%. The number of underemployed workers rises as firms respond to the reduction in demand for their products by reducing the hours of each employed person from 40 to 30 hours per week. B.The number of unemployed workers rises as firms respond to the reduction in demand for their products by laying off nine previously employed workers. The unemployment rate in scenario A the true extent of underemployment in the economy, because Statistics Canada counts part-time workers as employed