-Using the Information in the Table Above, Calculate the Employment

question 120

Multiple Choice

$$\begin{array} { | l | c | } \hline { \text { Component } } & \begin{array} { l } \text { Number of } \\\text { people }\end{array} \\\hline \text { Total population } & 2600 \\\hline \text { Working-age population } & 2000 \\\hline \text { Not in labor force } & 500 \\\hline \text { Employed } & 1300 \\\hline\end{array}$$
-Using the information in the table above, calculate the employment -to-population ratio.

• A) 23.2 percent
• B) 50 percent
• C) 75 percent
• D) 65 percent

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Definitions:

Strategic Outcomes

The long-term results or consequences of implementing specific business strategies, impacting an organization's competitiveness and success.

Market Share

The portion of a market controlled by a particular company or product.

Expanding Store

An expanding store refers to a retail business that is increasing its physical size or number of locations to accommodate more customers or provide a wider range of products and services.

Optimize Growth

Refers to strategies or approaches aimed at maximizing the rate of growth of an economy, organization, or specific area of development.