Data on Unemployment in Canada Show That

question 20

Multiple Choice

Data on unemployment in Canada show that:

• A)most spells of unemployment are long.
• B)most weeks of unemployment are attributable to the long-term unemployed.
• C)members of the labour force over age 55 have the highest unemployment rates.
• D)the duration of unemployment falls during recessions.

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Definitions:

Acts

Formal decisions, laws, or statutes enacted by a government's legislative body.

Agency Coupled

A principal-agent relationship that cannot be terminated at will by the principal because it includes an interest beneficial to the agent.

Principal

The original amount of money loaned or invested, separate from interest or earnings.

Terminate

To bring to an end or conclude something, such as a contract, employment, or process.