Which of the following is false in regard to the unemployment rate?
A) A nation benefits from unemployment due to a lower level of wages required to be paid by employers.
B) According to the Bureau of Labuor Statistics, families lose wages due to unemployment.
C) The unemployment rate is the percentage of a nation's labour force not working at any one time.
D) The purchasing power of unemployed workers is lost.
Correct Answer:
Verified
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