Let's say that the newspapers are reporting that the unemployment rate in the United States is 1% lower today than it was one year ago. Based on this information, which of the following can you conclude?
A. The economy is improving and GDP is increasing.
B. Fewer people in the United States are unemployed now compared to one year ago.
C. More people in the United States are working now than one year ago.
D. Assuming the labor force is the same as it was one year ago, fewer people in the United States are unemployed compared to one year ago.
E. Fewer people in the United States receive government welfare benefits.
F. All of the listed choices are correct.
G.The total number of hours worked by all United States workers is greater now than it was one year ago.
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Answer:
D
Explanation:
Absolutely d is correct as if the labour force is same more work is being done so the employment rate has decreased
Known as disguised employment
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