Suppose There Are 100 Working-Age People,80 of Whom Are in the Labor

question 126

Multiple Choice

Suppose there are 100 working-age people,80 of whom are in the labor force.Of these,70 are employed and 10 are unemployed.

• A)The unemployment rate is 10 percent.
• B)The employment/population ratio is 80 percent.
• C)The labor force participation rate is 80 percent.
• D)The unemployment rate is 14.3 percent.

---

Definitions:

Achievement-Motivation

is a personal drive to overcome challenges, master tasks, and reach high standards of excellence, influenced by an individual's desire for success and fear of failure.

Driven

Being highly motivated or determined to achieve specific goals, often displaying a strong sense of purpose.

Compressed Workweek

A flexible work arrangement where a standard workweek is condensed into fewer days, typically allowing employees to have longer weekends.

Job Simplification

The process of breaking down jobs into their simplest components to increase productivity and efficiency.