People who report being unemployed but who, in fact, are not trying to find a job are really not in the labor force and therefore cause the reported unemployment rate to be higher than it would otherwise be. O True O False

People who report being unemployed but who, in fact, are not trying to find a job are really not in the labor force and therefore cause the reported unemployment rate to be higher than it would otherwise be. O True O False

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

People who report being unemployed but who, in fact, are not trying to find a job are really not in the labor force and therefore
cause the reported unemployment rate to be higher than it would otherwise be.
O True
False

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