Which of the Following Is Correct About the Average Number

question 9

Multiple Choice

Which of the following is correct about the average number of hours worked per week in Canada today?

• A) Fewer employed Canadians are working part-time compared to several decades ago.
• B) Part-time employment rates declined during the recessions of 1981-82 and 1990-92.
• C) Compared to a decade or two ago, more Canadians are working part-time and more are also working more than 40 hours per week.
• D) The average number of hours worked per week declined until the 1950s, and then slowly increased again.

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Definitions:

Macro Uncertainty

Broad, external uncertainties that impact the economic and business environment, such as geopolitical risks, economic cycles, and significant policy changes.

State Uncertainty

The lack of predictability or knowledge regarding the future state of an environment or variables that might affect decision-making or outcomes.

Narrowly Defined Market

A market segment that is precisely delineated by specific characteristics, allowing for targeted marketing strategies.

Motorcycle Maker

A company or individual involved in the design, manufacturing, and distribution of motorcycles.