e Bureau of Labor Statistics reports six alternative measures of the unemployment rate. A. U-3 is the official unemployment rate. B. U-2 adds all marginally attached workers to the official unemployment rate. C. U-1 adds the economic part-time workers to the official unemployment rate. D. U-4 adds discouraged workers to the official unemployment rate. Which statements are correct A. Statements b and c are correct. B. Statements a and c are correct. C. Statements a and d are

Economics (MindTap Course List)
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ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter6: Macroeconomic Measurements, Part I: Prices And Unemployment
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The Bureau of Labor Statistics reports six alternative measures of the unemployment rate.

A. U-3 is the official unemployment rate.

B. U-2 adds all marginally attached workers to the official unemployment rate.

C. U-1 adds the economic part-time workers to the official unemployment rate.

D. U-4 adds discouraged workers to the official unemployment rate.

Which statements are correct

A. Statements b and c are correct.

B. Statements a and c are correct.

C. Statements a and d are correct.

D. Statements B and D are correct

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