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Economic choose overstates or understates Fill in the missing word with either overstates or understates: When there are people who conceal a legitimate job to

Economic choose overstates or understates

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Fill in the missing word with either "overstates" or "understates": When there are people who conceal a legitimate job to avoid paying taxes, the official ABS measure of the unemployment rate the true degree of unemployment. [0.25 marks] When there are part-time workers, the official ABS measure of the unemployment rate the true degree of unemployment. [0.25 marks] When there are workers that drop out of the labour force, the official ABS measure of the unemployment rate 4 the true degree of unemployment. [0.25 marks] When there are people, who claim to be unemployed and actively looking for work, are not actually actively looking, the official ABS measure of the unemployment rate the true degree of unemployment. [0.25 marks]

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