Consider the Growth in Canada's Labour Force and Employment

question 83

Multiple Choice

Consider the growth in Canada's labour force and employment.Over the last 50 years,

• A)the labour force has grown much more rapidly than employment.
• B)both the labour force and employment have remained roughly constant.
• C)the number of unemployed persons has been a much larger fraction of the labour force than it was during the first half of the 20th century.
• D)the main trend of the economy has been one of growth in employment that roughly matches the growth in the labour force.
• E)the main trend of the economy has been to have employment grow more rapidly than the growth in output.

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Definitions:

Pool Products Division

A specific division within a company that focuses on the development, production, and sales of products related to swimming pools, such as pool chemicals, filters, and equipment.

Transfer Prices

The prices at which services, goods, or capital are exchanged between divisions within the same company, often used for accounting and tax purposes.

Parts Division

A segment within a company or manufacturer specializing in the production or distribution of spare and replacement parts for products.

Machine Division

A specialized segment within a manufacturing operation focused on the use of machines for production purposes.