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If there are discouraged workers: they are included in the official count of the unemployed. the unemployment rate will tend to overstate the true level

If there are discouraged workers:

they are included in the official count of the unemployed.

the unemployment rate will tend to overstate the true level of unemployment.

the unemployment rate will tend to understate the true level of unemployment.

they are considered part of the labor force.

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If there are discouraged workers: O they are included in the official count of the unemployed. O the unemployment rate will tend to overstate the true level of unemployment. O the unemployment rate will tend to understate the true level of unemployment. O they are considered part of the labor force.The total labor force consists of O the entire population. O the population over the age of sixteen. O the number of officially employed persons. O the number of officially employed persons plus the number of officially unemployed persons.A city in which 320,000 persons are employed has a labor force of 359,500 persons. The unemployment rate for the city is: O 7.8 percent. O 11.0 percent. 12.3 percent. O 14.5 percent.A point outside the production possibilities curve [PPC]: O represents inefficient use of resources. O represents the prevalence of unemployment. O is attainable if all resources are used efficiently. represents more resources than are currently available. O will never be attainable, even if the quantity of resources increases.Betty goes out to enjoy a bouffe with her friend instead of practicing calculus problems for her maths examination that is due the following day. This implies that the opportunity cost of the bouffe to Betty is zero. O True O False

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