There Is Some Evidence That Demographic Changes in the Composition

question 32

Multiple Choice

There is some evidence that demographic changes in the composition of the workforce are ________ the growth rate of labor quality,and thus ________ the growth rate of output per labor hour.

• A)raising,decreasing
• B)raising,increasing
• C)lowering,decreasing
• D)lowering,increasing

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Definitions:

Sales Dollars

This term represents the total amount of revenue a company generates from the sale of its goods or services, expressed in dollars.

Operating Leverage

A measure of how a company's operating income responds to changes in sales volume, highlighting the impact of fixed costs on profitability.

Budgeted Sales

The amount of revenue that a company plans or expects to generate from the sale of goods or services during a specific period.

Net Operating Income

The profit realized from a business's operations after deducting operating expenses like wages, depreciation, and cost of goods sold.