As Technological Advancements Have Led to More White Collar Jobs

question 64

Multiple Choice

As technological advancements have led to more white collar jobs,

• A)the labour force participation rate for women has decreased.
• B)the labour force participation rate for women has increased.
• C)the unemployment rate has steadily fallen.
• D)the labour force participation rates for men and women have increased.
• E)a higher percentage of men of working age have entered the labour force.

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Definitions:

Interest Rates

The percentage of a sum of money charged for its use, typically expressed on an annual basis.

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Loans offered to students to help cover the cost of post-secondary education expenses.

Simple Interest

Interest calculated only on the principal amount, without compounding over time.

Annual Rate

The yearly rate of interest or growth, often applied to loans, investments, and savings accounts.