Chapter18: Introduction To Macroeconomics: Unemployment, Inflation, And Economic Fluctuations
Section: Chapter Questions
Problem 2P
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Question
![Table 28-3
Civilian labor force
Persons unemployed 15 weeks or longer
Job losers and persons who have completed temporary jobs (excludes job
leavers)
Total unemployed
Total unemployed plus discouraged workers
Total unemployed plus all marginally attached workers
Total unemployed plus all marginally attached workers plus total employed
part-time for economic reasons
Refer to Table 28-3. What is the U-3 measure of labor underutilization?
a. 4.7%
b. 10.9%
c. 7.0%
d. 6.2%
100 million
1.6 million
3.1 million
6.2 million
7.0 million
8.1 million
9.2 million](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F798ade9e-e46d-47af-827b-e543f0e07173%2F6721213a-ff06-4222-92e8-2074b2d0a948%2Fko58y69_processed.png&w=3840&q=75)
Transcribed Image Text:Table 28-3
Civilian labor force
Persons unemployed 15 weeks or longer
Job losers and persons who have completed temporary jobs (excludes job
leavers)
Total unemployed
Total unemployed plus discouraged workers
Total unemployed plus all marginally attached workers
Total unemployed plus all marginally attached workers plus total employed
part-time for economic reasons
Refer to Table 28-3. What is the U-3 measure of labor underutilization?
a. 4.7%
b. 10.9%
c. 7.0%
d. 6.2%
100 million
1.6 million
3.1 million
6.2 million
7.0 million
8.1 million
9.2 million
![Table 28 -3 Refer to Table 28 - 3. What is the U-3 measure of labor
underutilization? a. 4.7% b. 10.9% c. 7.0% d. 6.2%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F798ade9e-e46d-47af-827b-e543f0e07173%2F6721213a-ff06-4222-92e8-2074b2d0a948%2Flikjx4_processed.png&w=3840&q=75)
Transcribed Image Text:Table 28 -3 Refer to Table 28 - 3. What is the U-3 measure of labor
underutilization? a. 4.7% b. 10.9% c. 7.0% d. 6.2%
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