Innovators Are the First 2

question 37

True/False

Innovators are the first 2.5% of all those who adopt a new product.Early adopters are the next 13.5% to adopt the product.

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Definitions:

Discouraged Workers

Individuals not actively seeking employment due to believing no jobs are available for them or there are none for which they would qualify.

Discouraged Workers

People who have stopped looking for employment due to a belief that their job search efforts will not yield success.

Cyclically Unemployed

Individuals who have lost their jobs due to downturns in the business cycle or economic recessions, as opposed to structural factors.

Price Index

An index number that shows how the weighted average price of a market basket of goods changes through time.