Question: The second part of the assignment will be based on the Khan Academy. This website includes teaching videos on a wide range of topics including
The second part of the assignment will be based on the Khan Academy. This website includes teaching videos on a wide range of topics including economics. You can find videos on most of the topics that we cover in our course, so I recommend you to watch some of them just to reinforce what you learned from our textbook. The founder and the instructor in the videos, Sal Khan, has an interesting story, you can learn about it here: http://www.youtube.com/watch?v=PY5VKiG_IXE For this activity, I would like you to watch the following video about the unemployment rate and then answer the question below: https://www.khanacademy.org/economics-finance-domain/core-finance/current-economics/unemployment-tutorial/v/unemployment-rate-primer--v2 Links to an external site. What are the limitations of the unemployment rate in measuring actual unemployment? Do you think it over or under estimates the real unemployment? Explain why
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