Table 28-3
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​ -Refer to Table 28-3

question 238

Multiple Choice

Table 28-3
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​
$$\begin{array} { | l | l | } \hline \text { Civilian labor force } & 100 \text { million } \\\hline \text { Persons unemployed } 15 \text { weeks or longer } & 1.6 \text { million } \\\hline \text { Job losers and persons who have completed temporary jobs (excludes job leavers) } & 3.1 \text { million } \\\hline \text { Total unemployed } & 6.2 \text { million } \\\hline \text { Total unemployed plus discouraged workers } & 7.0 \text { million } \\\hline \text { Total unemployed plus all marginally attached workers } & 8.1 \text { million } \\\hline \text { Total unemployed plus all marginally attached workers plus total employed part-time } & 9.2 \text { million } \\\text { for economic reasons } & \\\hline\end{array}$$
-Refer to Table 28-3. What is the U-3 measure of labor underutilization?

• A)4.7%
• B)6.2%
• C)7.0%
• D)10.9%

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Definitions:

State And Local Taxes

Taxes levied by individual states and localities, which can include income, sales, property, and other types of taxes.

Broad-Based Taxes

Taxes imposed on a wide range of products, services, or income sources, rather than targeting specific items or activities, designed to spread the tax burden.

Partial Taxes

involve taxation on specific goods, services, or transactions, as opposed to broad-based taxes.

Shifted

Describes a change in position, direction, or tendency, often referring to shifts in market conditions, consumer preferences, or economic indicators.