If the Number of Employed People Is 15 Million, the Number

question 38

Multiple Choice

If the number of employed people is 15 million, the number of unemployed people is 5 million, and the working-age population equals 28.5 million people, the labour force participation rate is

• A) 81 per cent.
• B) 70.2 per cent.
• C) 25 per cent.
• D) 52.6 per cent.
• E) 17.5 per cent.

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Definitions:

Programmed Decision

A decision that is routine or repetitive, which can be handled using established business rules or procedures.

Crisis

A crisis is a critical or a turning point situation that requires immediate attention and action to prevent or mitigate major negative consequences.

Crisis Management

The process by which an organization deals with a disruptive and unexpected event that threatens to harm its operations or stakeholders.

Crisis Situation

An emergency condition that poses a significant threat or requires immediate attention and action.