Find the Size of the Civilian Labor Force from the Following

question 51

Multiple Choice

Find the size of the civilian labor force from the following data: frictional unemployment = 150, structural unemployment = 200, cyclical unemployment = 225, discouraged workers = 25, underemployed workers = 75, fully employed workers = 850, total population = 2,000.

• A) 1,425
• B) 1,450
• C) 1,500
• D) 2,000

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Definitions:

Corporate Vertical Marketing System

A vertically integrated marketing strategy where a single company controls multiple levels of its distribution and production process.

Direct Marketing Channel

The manufacturer sells directly to the buyer.

Radio Frequency Identification

A technology that uses electromagnetic fields to automatically identify and track tags attached to objects.

Distribution Centers

Facilities that store and distribute products and materials to retail locations, wholesalers, or directly to consumers, acting as a pivotal point in the supply chain.