The Following Table Defines Some Population and Employment Statistics for Two

question 153

Multiple Choice

The following table defines some population and employment statistics for two countries.

-Refer to the table above.Due to technological changes,older workers have

• A) The unemployment rate will decrease.
• B) The labor participation rate will increase.
• C) The number of people not in the labor force will decrease.
• D) The number of unemployed workers will increase.

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Definitions:

2004 Amendments

Refers to changes or modifications made to laws or regulations in the year 2004.

Justice Department

A branch of government typically responsible for the enforcement of laws and administration of justice; in the United States, it is a federal executive department.

Federal Trade Commission

A federal agency tasked with enforcing antitrust and consumer protection laws to ensure fair competition and prevent fraudulent business practices.

Horizontal Merger

A business consolidation that occurs between firms who operate in the same industry, often leading to a higher market concentration.