Question: (a) Define a discouraged worker. (b) Using an example, show why it is important for us economists to keep track of discouraged workers when we
(a) Define a discouraged worker.
(b) Using an example, show why it is important for us economists to keep track of discouraged workers when we look at the unemployment rate. In other words, explain how discouraged workers can impact the unemployment rate and lead to "false" readings.
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a A discouraged worker is an individual who has given up actively seeking employmen... View full answer
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