The Table Below Shows the Percentage of the Labour Force

question 81

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.What is the economy's NAIRU in 1975?

• A)5.0%
• B)5.5%
• C)5.6%
• D)5.7%
• E)5.8%

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Definitions:

Objection

A statement or question raised by a potential buyer expressing hesitation or concern about proceeding with a sale.

Courteous

Showing politeness and consideration in one’s attitude and behavior towards others.

Boomerang Method

A sales technique where objections are turned into reasons to purchase, effectively "boomeranging" concerns into selling points.

Salesperson

An individual who sells goods or services to customers, focusing on meeting sales goals and fostering client relationships.