The underemployed are those people who are
A) working at a lower skill level so they can earn money while looking for a better job.
B) working full-time but want to work only part-time.
C) not looking for work actively enough to be considered unemployed.
D) unemployed due to the ups and downs of the business cycle.
Correct Answer:
Verified
Q13: The NAIRU is short for the nonaccelerating
Q14: Recessions are always caused by negative demand
Q15: The unemployment rate is calculated as
A) the
Q16: Frictional unemployment occurs when
A) employees file grievances
Q17: Structural unemployment exists when
A) the construction industry
Q19: The unemployment rate includes
A) people not working
Q20: The natural rate of unemployment is
A) 5%.
B)
Q21: The rate at which potential GDP rises
Q22: Which of the following is the formula
Q23: The difference between actual and potential GDP
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