What groups does the bureau of labor statistics count


Problem

1. Real GDP for 2010 is less than nominal GDP for that year. But real GDP for 2000 is more than nominal GDP for that year. Why?

2. What groups does the Bureau of Labor Statistics count in the labor force? Explain why the official unemployment rate tends to underestimate the level of labor market problems.

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.

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Macroeconomics: What groups does the bureau of labor statistics count
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