Economists note that in the us the governments monthly data


Economists note that in the US the Government's monthly data on inflation and unemployment "overstates" the inflation rate (i.e. reports inflation higher that what it rcaUy is) and "understates" the unemployment rate (i.e., reports unemployment lower than what it really is). Why is this so? Explain.

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Business Economics: Economists note that in the us the governments monthly data
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