'Formerly "Management of Companies, Administrative, and Other Support Services ${ }^{2}$

question 94

Multiple Choice

$\begin{array}{lcc}\text { Sector } & \text { Example } & \begin{array}{c}\text { Percent of } \\\text { All Jobs }\end{array} \\\hline \begin{array}{l}\text { Service-Producing Sector } \\\text { Trade }\end{array} & \begin{array}{c}\text { Hudson Bay Company; Real Canadian } \\\text { Superstore }\end{array} & 15 \%\\\text { Transportation and warehousing } & \text { WestJet; Maritime-Ontario Freight Lines } & 5 \%\\&\text { Limited }\\\begin{array}{l}\text { Finance, insurance, real estate, and } \\\text { leasing }\end{array} & \text { Royal Bank; Manulife } & 6 \% \\\begin{array}{c}\text { Professional, scientific, and technical } \\\text { services }\end{array} & \text { Borden Ladner Gervais Law Firm } & 8 \%\\\text { Business, building, and other support } & \text { Edmonton Waste Management Centre; } & 4 \% \\\quad \text { services } & \text { Carlson Wagonlit Travel } & \\\text { Educational services } & \text { McGill University } & 7 \%\\\text { Health care and social assistance } & \text { SickKids Hospital } & 12 \% \\\text { Information, culture, and recreation } & \text { Calgary Flames; Princess of Wales Theatre } & 5 \% \\\text { Accommodation and food services } & \text { Tim Hortons; Royal York Hotel } & 6 \% \\\text { Other Services } & \text { Joe's Barber Shop; ABC Landscaping } & 4 \% \\\text { Public administration } & \text { Province of Manitoba; City of Hamilton } & 6 \% \\\text { Goods-Producing Sector } & & 22 \%\\\text { Agriculture } & \text { Farming Operations } & 2 \% \\\begin{array}{c}\text { Forestry, fishing, mining, quarrying, } \\\text { oil, and } \text { gas }^{2}\end{array} & \text { Canadian Mining Company Inc.; Dome } & 2 \% \\& \text { Pacific Logging Ltd. } &\\\text { Utilities } & \text { Ontario Power Generation } & 1 \% \\\text { Construction } & \text { PCL Construction Management Inc. } & 7 \% \\\text { Manufacturing } & \text { Magna International Inc. } & 10 \%\\\end{array}$

'Formerly "Management of companies, administrative, and other support services." ${ }^{2}$ Also referred to as "Natural resources."
-Using Table 1.3, what percentage of jobs in Canada are related to health care and social assistance?

• A) 12%
• B) 20%
• C) 16%
• D) 5%
• E) 9%

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Definitions:

Computer Software

Programs and operating information used by a computer to perform specific tasks or functions.

Medallion

A distinctive badge or emblem typically made of metal, granted as a mark of honor or authenticity.

Opportunity Cost

The cost of foregone alternatives; the value of the best alternative that is not chosen in order to pursue a certain action.

Implicit Cost

The opportunity cost associated with a firm's use of resources that it owns, which do not have a direct monetary payment but could generate income if deployed elsewhere.