Suppose the Working Age Population in Tiny Town Is 100

question 301

Multiple Choice

Suppose the working age population in Tiny Town is 100 people. If 25 of these people are NOT in the labor force, the_________ equals________ .

• A) unemployment rate; 25/75 × 100
• B) labor force; 25/100 × 100
• C) unemployment rate; 25/100 × 100
• D) labor force; 75

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Definitions:

Niche Media

Channels that are focused and generally used to reach narrow segments, often with unique demographic characteristics or interests.

Mass Media

Diverse media technologies that reach a large audience via mass communication, including broadcasting, publishing, and the internet.

Direct Mail

A marketing strategy that involves sending promotional materials or products directly to potential customers through the mail.

Fast Food

Quick-service restaurants that serve fast, convenient food which is typically high in calories and prepared in bulk ahead of time.