The Participation Rate Equals
A) $\frac { \text { number unemployed } } { \text { total working age population } }$

question 12

Multiple Choice

The participation rate equals

• A) \(\frac { \text { number unemployed } } { \text { total working age population } }\).
• B) \(\frac { \text { labour force } } { \text { total working age population } }\).
• C) \(\frac { \text { number unemployed } } { \text { labour force } }\).
• D) \(\frac { \text { labour force } } { \text { number unemployed } }\).
• E) \(\frac { \text { number employed } } { \text { total working age population } }\).

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Definitions:

Initial Investment

The amount of money used to start a project, purchase an asset, or initiate operations in a business.

Salvage Value

The projected sell-on value of a property when it reaches the end of its operational lifespan.

Internal Rate

Often referred to as Internal Rate of Return (IRR), it is the discount rate that makes the net present value of all cash flows from a particular project equal to zero.

Payback Period

The duration required for an investment to produce a sum of money or cash value equal to the investment's cost.