Problem
1. Describe the relevant criteria that government statisticians use to determine whether a person is "unemployed."
2. How has the official unemployment rate been criticized for overestimating and underestimating unemployment?
3. Why is frictional unemployment inevitable in an economy characterized by imperfect job information?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.