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    unemployment rate threshold

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    How would the measured levels and changes in the unemployment rate during a recession be affected if discouraged workers were counted as unemployed? Explain. How does the length of the recession affect your answers?

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    There is an unemployment rate threshold that, if crossed, would mean a recession for economy. For the US job market, that threshold is around 5%. If we were to ...

    Solution Summary

    The unemployment rate threshold is explored.