The Next Question(s) Refer to the Following Data

question 22

Multiple Choice

The next question(s) refer to the following data:
Suppose a country using the Australian system of unemployment statistics has 300 million people, of whom 200 million are working age. Of these 200 million, 80 million have jobs. Of the remainder: 40 million are actively searching for jobs; 40 million would like jobs but are not searching; and 40 million do not want jobs at all.
-Refer to the information above. The labour force participation rate is:

• A) 0.2.
• B) 0.6.
• C) 0.3.
• D) 0.8.
• E) 0.4.

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Definitions:

Negative Affectivity

A personality trait characterized by the predisposition to experience negative emotions and moods, such as anger and sadness, more frequently.

Job Satisfaction

The level of fulfillment, contentment, and happiness an individual experiences in their job.

Role Expectations

The behaviors, actions, and responsibilities that society, organizations, or individuals believe are associated with a particular position or status.

Grapevine Communications

Informal channels of business communication that are unofficial and bypass the formal organizational structure.