31) In 1994, the Bureau of Labor Statistics started to report
A) the unemployment rate weekly to provide a better picture of the labor market.
B) alternative measures of the unemployment rate that include narrower measures of the labor market.
C) alternative measures of the unemployment rate that include broader measures of the labor market.
D) the unemployment rate by surveying 200,000 households.
E) B and C are correct answers.
32) U-1 is a more ________ measure of unemployment rate than the conventional U-3 measure and U-1 counts as unemployed workers who ________.
A) narrow; have been unemployed for 15 weeks or more weeks
B) narrow; have been laid off
C) broad; have been laid off
D) broad; who are discouraged workers
E) broad; are marginally attached to the labor force
33) Which is true concerning U-2?
i)It does not count marginally attached workers as unemployed.
ii)It counts as unemployed workers who were laid off.
iii)It is smaller than U-3.
A) i only
B) i and ii
C) i and iii
D) ii and iii
E) i, ii and iii
34) U-4, U-5 and U-6 are
A) all broader measures of the unemployment rate.
B) all narrower measures of the unemployment rate.
C) not used by the Bureau of Labor Statistics because they include too much variability.
D) narrower measures of the labor force participation rate.
E) broader measures of the labor force participation rate.
35) During the recessions of 2001 and 2008-09,
A) all measures of the unemployment rate (U-1 through U-6) increased.
B) only the broader measures of the unemployment rate increased.
C) only the narrower measures of the unemployment rate increased.
D) the labor force participation rate for women increased.
E) the labor force participation rate for men increased.
36) During the 2008 - 09 recession, the U-6 measure of the unemployment rate
A) which counts marginally attached workers and discouraged workers as unemployed, reached 17 percent.
B) which counts marginally attached workers and discouraged workers as employed, reached 10 percent.
C) which counts marginally attached workers as unemployed but does not count discouraged workers as unemployed, reached 17 percent.
D) which counts all part time workers as employed, reached 12 percent.
E) which counts discouraged workers as unemployed but does not count marginally attached workers as unemployed, reached 17 percent.
37) In the United States, part-time workers are
A) more numerous than full-time workers.
B) less numerous than full-time workers.
C) about as numerous as full-time workers.
D) considered discouraged workers.
E) counted as unemployed in all measures of the unemployment rate.
38) In the United States, from 1980 to 2011, the percentage of
A) part-time workers who are part time for economic reasons has risen during recessions and fallen during expansions.
B) part-time workers who are part time for economic reasons has increased significantly to over 30 percent.
C) part-time workers who are part time for noneconomic reasons has risen during recessions and fallen during expansions.
D) part-time workers who are part time for noneconomic reasons has increased significantly to over 30 percent.
E) None of the above answers are correct.
39) In the United States, the percentage of part-time workers who are part time for noneconomic reasons
A) has fallen by almost one half since 1980.
B) does not fluctuate much with the business cycle.
C) rises during an expansionary period and falls during a recessionary period.
D) has averaged about 33 percent of all workers.
E) has increased in most years since 1980.
40) Since 1980 the percentage of part-time workers who are part time for economic reasons
A) has steadily decreased.
B) has steadily increased.
C) at first increased then generally decreased.
D) generally increased in recessions and decreased in expansions.
E) has remained approximately constant.
