Since 1951, What Has Happened to the Labour-Force Participation Rate

question 25

Multiple Choice

Since 1951, what has happened to the labour-force participation rate of men and women?

• A) It has increased for both men and women.
• B) It has increased for men and decreased for women.
• C) It has decreased for men and increased for women.
• D) It has decreased for both men and women.

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Definitions:

Accounting Process

A systematic series of actions to record, summarize, and report the financial transactions of a business over a period, resulting in the preparation of financial statements.

Journals

Official records where business transactions are entered before they are transferred to accounts in the general ledger.

Ratios

Quantitative relationships between two or more values, often used for financial analysis, to assess the performance, health, and prospects of a business.

Ledgers

Financial records that contain a detailed account of all the financial transactions of a business.