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The following factors affect the usefulness of the standard unemployment rate (U3) as a measure of labor market conditions: a. some workers are employed part-time

The following factors affect the usefulness of the standard unemployment rate (U3) as a measure of labor market conditions: a. some workers are employed part-time but would prefer full-time jobs b. some people who want jobs stop looking actively after unsuccessful searches c. a and b d. none of the above

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