If the Number of People Employed Rises by 180,000 and the Number

question 142

True/False

If the number of people employed rises by 180,000 and the number of people unemployed falls by 200,000 while the adult population stays the same, then the labor force participation rate rises.

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Definitions:

Public Investment

Expenditure by the government on capital projects like public infrastructure, education, and health facilities that are intended to improve a country's economic capacity and well-being.

Replacement Investment

Expenditures made to replace worn-out or outdated capital goods to maintain productive capacity.

Gross Investment

The total amount of investment in capital goods in an economy over a specific period, not accounting for depreciation.

Depreciation

A reduction in the value of an asset over time due to wear and tear or obsolescence.