Question: Choose the correct statement. A . A discouraged searcher is a person who currently is neither working nor looking for work but has indicated that

Choose the correct statement.
A. A discouraged searcher is a person who currently is neither working nor looking for work but has indicated that
he or she wants and is available for a job and has looked for work sometime in the recent past but has stopped
looking because of repeated failure.
B. The unemployment rate includes all underutilized labour.
C. Short-term unemployment measured by R2 is less than long-term unemployment measured by R1.
D. R3 is the official unemployment rate.
Choose the correct statement. A . A discouraged

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!