An economy has 100,000,000 people employed, 8,000,000 unemployed, and 4,000,000 marginally attached workers. What is the conventional

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An economy has 100,000,000 people employed, 8,000,000 unemployed, and 4,000,000 marginally attached workers. What is the conventional measure of the unemployment rate? What would be the best alternative measure that takes into account marginally attached workers?
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Macroeconomics Principles Applications and Tools

ISBN: 978-0134420684

9th edition

Authors: Arthur O'Sullivan, Steven Sheffrin, Stephen Perez

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