Since 1951, What Has Happened to the Labour-Force Participation Rate

question 25

Multiple Choice

Since 1951, what has happened to the labour-force participation rate of men and women?

• A) It has increased for both men and women.
• B) It has increased for men and decreased for women.
• C) It has decreased for men and increased for women.
• D) It has decreased for both men and women.

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Definitions:

Direct Labor-Hours

A measure of the time spent by workers directly creating a product, which is used to allocate labor costs properly.

Activity Cost Pools

Activity cost pools are groupings of individual costs, classified based on the activities that incur costs within an activity-based costing system to facilitate more accurate product costing.

Time-Driven Activity-Based Costing

This approach to costing allocates business resource costs to products or services, based on the amount of time activities take to perform.

Tech Support Department

A business division focused on providing assistance and advice regarding a company's products or services, especially related to software, hardware, or other technology issues.