The Labour Force Includes

question 71

Multiple Choice

The labour force includes:

• A)employed workers and persons who are officially unemployed.
• B)employed workers, but excludes persons who are officially unemployed.
• C)full-time workers, but excludes part-time workers.
• D)permanent employees, but excludes temporary employees.

Recognize key legislative acts influencing labor unions and their historical context.

Understand the concept of a monopsony in labor markets.

Recognize regional variances in unionization rates and factors affecting them.

Identify historical periods of labor movement activity and their impacts.

---

Definitions:

Northwest Corner Allocation

A method used in operations research to solve transportation problems, starting allocations from the northwest corner of a cost matrix and working through to optimize transportation costs.

Source 1-Destination 2

An indicator or label used in logistics and supply chain management to denote the transfer of materials or goods from one location (source) to another (destination).

Objective Function

A mathematical expression in linear programming that maximizes or minimizes some quantity (often profit or cost, but any goal may be used).

Largest Possible Amount

The maximum quantity or extent something can reach or contain.