Which of the following is NOT an appropriate way to cope with the imperfections in macroeconomic statistics such as the unemployment rate?
A) Understand how each statistic is calculated to know its limitations.
B) Be aware of supplemental data the government collects that might add insights on an issue.
C) When different versions of a statistic are available, use the version that is most appropriate to the analysis being conducted.
D) Assume that macroeconomic statistics should not be relied on to provide measures of economic issues.
Correct Answer:
Verified
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