Question

The labor forceconsists of:

Question options:

	all adults who areable to work.
	all adults who areworking, plus those not working.
	discouraged workers,employed workers, plus those actively seeking work.
	all adults who areworking or actively seeking work.

Question

The unemployment ratemay underestimate the true extent of unemployment if:

Question options:

	there are a largenumber of people working in the underground economy.
	employees increase thenumber of hours they work overtime.
	many people becomediscouraged and cease looking for work.
	many people have apart time as well as a full time job.