5曼昆宏观-第五讲-失业.pptVIP

The objective of this exercise is to lead students to discover why the unemployment rate is not a perfect indicator of joblessness. It might be helpful to tell students to determine the impact on the u-rate – no matter how tiny. I.e., if one person becomes unemployed, the u-rate will rise – ignore the fact that, if this happened in the real world, the increase in the aggregate u-rate would be too small to matter. * If you choose to skip the preceding exercise, you’ll need to give students a definition of the term “discouraged worker.” This slide recaps the lessons from the preceding exe