The Table Below Shows the Percentage of the Labour Force

question 116

Multiple Choice

The table below shows the percentage of the labour force accounted for by males and females over a two-decade period.Assume that real GDP is equal to potential in each of the given years. % of Labour Force TABLE 30-4
Refer to Table 30-4.Suppose that for each year listed the unemployment rate among males is 5% while it is 7% among females.Which of the following statements correctly describes the change in the NAIRU in this economy between 1960 and 1980?

• A)Since females account for a smaller percentage of the labour force in all years,the NAIRU is decreasing over time.
• B)The NAIRU remains constant between 1960 and 1980 because the unemployment rates for males and females remain constant.
• C)Since females have a higher unemployment rate,the NAIRU increases over time as the female share in the labour force increases.
• D)Since real GDP is equal to potential GDP in all years,cyclical unemployment is equal to zero,and therefore the NAIRU does not change.
• E)Since males have a lower unemployment rate,and they make up a larger percentage of the labour force,the NAIRU is decreasing over time.

Comprehend the concept of cash equivalents and their importance in financial statements.

Familiarize with the components of internal controls and their importance in financial management.

Calculate and interpret the ratio of cash to monthly expenses.

Understand the components and objectives of internal control systems.

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Definitions:

Cruciate Ligaments

Major ligaments in the knee that cross each other, crucial for stabilizing the knee joint during movement.

Calcaneofibular Ligament

A ligament located in the foot that connects the fibula (smaller bone in the lower leg) to the calcaneus (heel bone), involved in stabilizing the ankle.

Osteoarthritis

A degenerative joint disease characterized by the breakdown and eventual loss of cartilage in one or more joints.

Uric Acid

A waste product formed from the breakdown of purines, excreted in the urine.