Gregory Feels That He Did Well on the Final Exam

question 39

Multiple Choice

Gregory feels that he did well on the final exam in his social history class; however, he is actually in the bottom quarter of the class. If Gregory were to estimate his class standing, he would most likely place himself in the ____.

• A)bottom 10% of the class
• B)bottom quarter of the class
• C)top half of the class
• D)top 10% of the class

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Definitions:

Adults Not in the Labor Force

Individuals aged 16 years and older who are not actively seeking employment and are not currently employed.

Labor-force Participation Rate

The proportion of the working-age population that is participating in the labor market either by working or actively seeking employment.

People Unemployed

Individuals who are jobless, actively seeking work, and available to take a job.

People Employed

Refers to the number of individuals in a specific area, sector, or economy who are currently working in paid positions.