- CFA Exams
- CFA Level I Exam
- Topic 2. Economics
- Learning Module 11. Understanding Business Cycles
- Subject 6. Unemployment
CFA Practice Question
Which scenario could improve the unemployment rate?
II. An increase in discouraged workers
III. An increase in underemployed workers
I. An improved economy
II. An increase in discouraged workers
III. An increase in underemployed workers
Correct Answer: I, II and III
User Contributed Comments 7
| User | Comment |
|---|---|
| Yrazzaq88 | Haha... Trick question ... |
| fzhou | this is so stupid can you just be clear by saying either "decrease" or "increase" in unemployment rate?!?! |
| dada | @fzhou: improving the unemployment rate is making it smaller. common sense. |
| maryprz14 | Unemployment rate would decrease by increasing in population of discouraged workers. |
| blablabob | Well, improving for me relate to decreasing unemployment rate ... tricky one |
| john6668 | How does III improve the unemployment rate? What if the employed becomes underemployed? That would have no impact on the UNemployment rate, correct? |
| accyyy | Agree to john6668 |