Because of the dynamics of the workforce, for example, whether workers become discouraged when there are changes in the economy:
A) the unemployment rate is not necessarily an accurate gauge of the labor market.
B) the unemployment rate is a precise gauge of the labor market.
C) one should only consider the employment-population ratio rather than the unemployment rate.
D) at times the labor demand curve is upward sloping.
E) None of these answers is correct.
Correct Answer:
Verified
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