Which of the following is NOT a potential issue with the official unemployment rate?
Select one:
a. It fails to distinguish between full-time and part-time workers
b. Some workers who may want to work drop out of the labor market due to unfavorable conditions
c. It does not differentiate between short-term and long-term unemployment
d. It fails to account for the surplus quantity of labor supplied caused by the minimum wage
Get Answers For Free
Most questions answered within 1 hours.