Based on the Following Data for the Country of Tiny

question 198

Multiple Choice

Based on the following data for the country of Tiny Town, the employment-to-population ratio equals ________ multiplied by 100. Population = 200
Working age population = 100
Labor Force = 90
Number of employed persons = 75

• A) 90/100.
• B) 75/200
• C) 90/200.
• D) 75/100.

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Definitions:

Choices

The range of different options or decisions available to an individual or organization.

Rivalry

The competitive relationship between businesses in the same industry, aiming to achieve higher sales, market share, and customer loyalty.

Competition

A scenario where two or more parties strive for a common goal which cannot be shared, such as market share, victory in a sport, or the acquisition of a contract.

Industry

Refers to the production of goods or services within an economy, typically classified into sectors based on their main source of revenue and activity.