Which Statement Is TRUE

question 29

Multiple Choice

Which statement is TRUE?

• A) The number of people not working but who have looked for work in the past year is equal to the number of unemployed people.
• B) The labor force is the total number of people working plus those who are unemployed.
• C) The unemployment rate is the number of people unemployed expressed as a percentage of the population.
• D) The labor force is the same as the population.

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Definitions:

Lead Initiation

The process of identifying and beginning contact with potential customers or clients.

Leads

Potential customers who have shown interest in a company's products or services, often considered the first step in the sales process.

Prospects

Potential customers or clients who have been identified as having the interest and ability to purchase a product or service but have not yet made the transaction.

Qualified Prospects

Potential customers who have been evaluated and deemed likely to purchase, based on specific criteria such as need, ability, and authority to buy.