Why is the measurement of unemployment problematic? Explain why, and in which occasions, the published unemployment rate
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Why is the measurement of unemployment problematic? Explain why, and in which occasions, the published unemployment rate may overstate the actual unemployment of the economy. Also, explain if the opposite, that is, an understatement, is possible. Briefly explain.
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Measurement of Unemployment The measurement of unemployment is a complex and multifaceted issue that can be problematic due to various reasons One of ...View the full answer
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