The Table Shown Displays Employment Statistics for Two Years

question 49

Multiple Choice

The table shown displays employment statistics for two years. The unemployment rate in 2019 was _______ percentage points _______ than in 2018.

• A) 3; higher
• B) 3; lower
• C) 14; higher
• D) 11; lower

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Definitions:

Tax Effects

The impact of taxation on an individual's or company's financial decisions or situations, especially regarding how investments and financial strategies are structured.

Liquidity Analysis

An examination of a company's ability to meet its short-term obligations with its current assets.

Cash Budget

A schedule showing cash flows (receipts, disbursements, and cash balances) for a firm over a specified period.

Quick Ratios

A measure of a company's ability to meet its short-term obligations with its most liquid assets, providing insights into financial health.