If the Number of People Employed Is 120 000 and the Labour

question 33

Multiple Choice

If the number of people employed is 120 000 and the labour force is 150 000, the unemployment rate is:

• A) 8%
• B) 50%
• C) 20%
• D) 80%

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Definitions:

Innovation Sparcity

A situation where there is a lack of new and original ideas or products.

Creativity In Organizations

The process of generating innovative ideas and solutions within a business setting to improve performance and problem-solving.

Creativity

The ability to produce original and valuable ideas, or combine existing concepts in new ways.

Extrinsic Motivation

Motivation that is driven by external rewards such as money, fame, grades, and praise.