*The unemployment rate may overestimate the true extent of unemployment if:
A. many part-time employees would like to work fulltime, but are unable to get the additional work.
B. many people who claim to be unemployed actually work in the underground economy.
C. people falsely claim that they are actively seeking work in order to receive unemployment benefits.
D. either B) or C) occurs.
Answer:D
*The unemployment rate may overestimate the true extent of unemployment if:
A. many part-time employees would like to work fulltime, but are unable to get the additional work. B. many people who claim to be unemployed actually work in the underground economy. C. people falsely claim that they are actively seeking work in order to receive unemployment benefits. D. either B) or C) occurs.
Explanation: Type: Multiple Choice