The BLS Reports the U-6 Measure of Labor Underutilization

question 82

Multiple Choice

The BLS reports the U-6 measure of labor underutilization.Which of the following is how it computes U-6?

• A)(total unemployed + marginally attached workers)/adult population
• B)(total unemployed + marginally attached workers + part-time employed for economic reasons)/adult population
• C)(total unemployed + marginally attached workers)/(labor force + marginally attached workers)
• D)(total unemployed + marginally attached workers + part time employed for economic reasons)/(labor force + marginally attached workers)

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Definitions:

Reasonable Number

A reasonable number is a quantity or amount considered to be fair, sensible, or appropriate under the circumstances, often used in legal and business contexts.

Breach The Contract

Not meeting any provision of a pact, either in writing or spoken, without an acceptable legal justification.

Perfect Tender Rule

A principle in sales law allowing buyers to reject goods if they do not exactly meet the terms of the contract.

Nonconforming Goods

Goods that fail to meet the specifications, quality, or quantity as outlined in a contract.