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AP Macroeconomics
Unit 2 – Economic Indicators and the Business Cycle
Topic 2.3
Which of the following is considered a limitation of the unemployment rate as a measure of labor market conditions?
It includes individuals who are employed but underutilized.
It provides insights into the reasons behind unemployment.
It fails to account for discouraged workers who have stopped looking for a job.
It accurately captures the employment status of all individuals in the economy.
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AP Macroeconomics - 2.3 Unemployment
Key terms
Unemployment rate
Labor Market Conditions
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About Fiveable
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CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
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Crisis Text Line
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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