Assume the Australian Population Is 30 Million

question 20

Multiple Choice

Assume the Australian population is 30 million. If 20 million people are of working age, 12.5 million are employed, and 1.5 million are unemployed, what is the size of the labour force?

• A) 20 million
• B) 14 million
• C) 12.5 million
• D) 17.5 million
• E) 21.5 million

---

Definitions:

Strategic Option

Refers to choices available to a company or an investor that could affect key business or investment strategies beneficially.

Soft Rationing

The situation where a company limits the amount of financial resources available for certain projects based on internal policy decisions.

Hard Rationing

A severe form of capital rationing where external factors such as market conditions or regulatory constraints limit the availability of funding.

Scenario Analysis

A process of analyzing possible future events by considering alternative possible outcomes (scenarios), often used in the context of investment decisions or strategic planning.