Which of the Following Is True

question 7

Multiple Choice

Which of the following is true?

• A) organizations are naturally occurring
• B) organizations are created to achieve goals
• C) both are true
• D) neither is true

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Definitions:

Labor Force

The sum of all individuals who are either working or actively searching for work within a specific country or area.

Discouraged Workers

Individuals not actively searching for employment due to previous unsuccessful attempts or a belief that no jobs are available for them.

Unemployment Insurance

Unemployment insurance is a government-provided benefit that offers temporary financial assistance to workers who have lost their jobs through no fault of their own.

Business Cycle Peak

The business cycle peak is the point at which an economy transitions from a period of expansion to a period of contraction, marking the highest level of economic activity before a downturn.