Which of the Following Statements Is Incorrect

question 90

Multiple Choice

Which of the following statements is incorrect?

• A)The labour force is equal to the number of people employed plus the number of people unemployed.
• B)The unemployment rate is the number of persons who are unemployed divided by the labour force, all multiplied by 100.
• C)The labour-force participation rate is the labour force divided by the working-age population, all multiplied by 100.
• D)The employment-to-population ratio is the number of people employed divided by the working-age population, all multiplied by 100.
• E)The involuntary part-time rate is the number of involuntary part-time workers divided by the number employed, all multiplied by 100.

Assess the impact of fraud and forgery on negotiable instruments and the parties involved.

Determine the liability and defenses available to parties in a transaction involving materially altered instruments.

Understand the effect of consumer protection laws on transactions involving negotiable instruments.

Understand the myths and truths about dreams and their relationship with physiological or psychological outcomes.

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Definitions:

Operating Assets

Assets used by a business in its operational activities to generate revenue, excluding investments and non-operating assets.

Residual Income

The income that exceeds the minimum required return on investment or capital; often used in performance measurement and evaluation.

Minimum Required Rate

The lowest return on investment that a company or individual deems acceptable, often used in financial analysis and capital budgeting.

Operating Assets

Operating assets are the assets a company uses in its daily operations to generate revenue, such as inventory, property, plant, and equipment.