Write True or False to the Statements Below

question 40

True/False

Write True or False to the statements below.If the statement is false, rewrite the underlined word or phrase to make the statement true.
-In Southeast Asia, hurricanes are known as cyclones.

---

Definitions:

Long-Term Unemployment

Refers to individuals who have been jobless for 27 weeks or longer while actively seeking employment during that time.

Labor-Force Participation

The ratio of the working-age group that is involved in the labor market, being either in employment or actively searching for a job.

Since 1950

A phrase indicating a time frame that starts from the year 1950 to the present, often used to denote changes or developments over that period.

Comparative Advantage

The ability to produce a good at a lower opportunity cost than another producer