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Ivan
4 years ago
5

The official unemployment rate and the U-4 measure of labor underutilization are two different measures of joblessness in the ec

onomy.Excluding discouraged workers from the official unemployment rate may cause the official rate to ____________(overstate/understate) the true extent of underemployment.
Business
1 answer:
Leno4ka [110]4 years ago
8 0

Answer:

Understate

Explanation:

The official unemployment rate and the U-4 measure of labour under-utilization are two different measures of joblessness in the economy.

Excluding discouraged workers from the official unemployment rate may cause the official rate to <u>understate</u> the true extent of underemployment.

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