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Labor Force and Unemployment
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Labor Force and Unemployment
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12. Unemployment and Inflation / Labor Force and Unemployment / Problem 3
Problem 3
What is the consequence of inaccurate survey responses on unemployment statistics?
A
They lead to an overstatement of the labor force participation rate.
B
They lead to an overstatement or understatement of the unemployment rate.
C
They have no impact on unemployment statistics.
D
They increase the employment-to-population ratio.
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