Which of the Following Is Done During the Data Collection

question 49

Multiple Choice

Which of the following is done during the data collection phase for employment equity purposes?

• A) voluntary self-identification
• B) mandatory self-identification
• C) surveys of similar employers
• D) surveys of supervisors

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Definitions:

Natural Rate of Output

The level of production achieved when the economy is operating at its full employment level, without excessive inflation.

Recession

A noticeable drop in economic activity affecting the entire economy, enduring for longer than several months, and commonly observed in metrics such as real GDP, real income, employment, industrial output, and wholesale-retail transactions.

Aggregate Demand

Whole demand for goods and services across an economic landscape, appraised at a given overall price point throughout a defined timeframe.

Household Saving

The portion of a household's disposable income that is not spent on current consumption but is set aside for future use.