From September 2013 to September 2014, the Employment-To-Population Ratio Increased

question 282

Multiple Choice

From September 2013 to September 2014, the employment-to-population ratio increased from 58.6 percent to 59.0 percent. This change could have been the result of

• A) a decrease in the working-age population.
• B) unemployed workers becoming part-time workers.
• C) unemployed workers becoming discouraged workers.
• D) discouraged workers starting to look for jobs again.

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Definitions:

Just in Time

An inventory strategy companies employ to increase efficiency and decrease waste by receiving goods only as they are needed in the production process.

Credit Instrument

The evidence of indebtedness.

Promissory Note

A promissory note is a financial instrument in which one party promises in writing to pay a determinate sum of money to another, either at a fixed or determinable future time or on demand of the payee.

Time Draft

A type of credit instrument in international trade where payment is deferred for a specified period after the buyer accepts the draft.