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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 accurately captures the employment status of all individuals in the economy.
It provides insights into the reasons behind unemployment.
It fails to account for discouraged workers who have stopped looking for a job.
It includes individuals who are employed but underutilized.
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AP Macroeconomics - 2.3 Unemployment
Key terms
Unemployment rate
Labor Market Conditions
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Cram Mode
AP Score Calculators
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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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