In 2019 in Japan, Based on Concepts Similar to Those

question 163

Multiple Choice

In 2019 in Japan, based on concepts similar to those used to compute Canadian employment statistics, the unemployment rate was about 4.4 percent, the labour force participation rate was about 60 percent, and the adult population was about 130 million. How many people were employed?

• A) about 5.7 million
• B) about 64.0 million
• C) about 74.6 million
• D) about 124.3 million

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Definitions:

Semiannual

Occurring twice a year; a term often used in finance to describe payments, interest accruals, or other events that happen every six months.

Unamortized Discount

The portion of a bond discount that has yet to be expensed in the income statement over the bond's life.

Gain

Refers to the profit earned from the sale of an asset or investment for more than its purchase cost, excluding income from the primary business activities.

Redeemed

The process of exchanging a financial security or voucher for cash, goods, or services.