Macroeconomics, Student Value Edition Plus MyLab Economics with Pearson eText -- Access Card Package (12th Edition)
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Chapter 5, Problem 18APA
To determine

Determine why the unemployment rate underestimates the underutilization of labor resources.  

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How do structural unemployment characteristics affect the natural rate of unemployment?
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Suppose the U.S. noninstitutional adult population is 230 million and the labor force participation is 67 percent: What would be the size of the US labor force? If 85 million people are not working, what is the unemployment rate?
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