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Need some help with the following questions, thanks! Question 15 4 p Why might the U-3 official measure of unemployment be an understatement of actual
Need some help with the following questions, thanks!
Question 15 4 p Why might the U-3 official measure of unemployment be an understatement of actual unemployment? Because the official measure of civilian unemployment fails to account for very high levels of unemployment among active-duty military personnel. O Because some workers become discouraged and no longer are actively seeking work. Thus they are not officially counted in the labor force, and consequently are not officially unemployed. O Because the statistics do not count part-time employment as being employed. O all of these are true. Question 16 4 p GDP: O minus an allowance for depreciation of fixed capital equals GNP. O includes intermediate and final goods and services. O is the dollar value of all the final goods and services produced within the borders of a nation. O is a less-than-perfect measure of social well-being because it does not include exports and imports. O all of theseStep by Step Solution
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