What Should You Do If You Believe an Abbreviation Has

question 53

Multiple Choice

What should you do if you believe an abbreviation has the potential to be misinterpreted?

• A) Use the abbreviation and include a footnote in the document indicating the correct meaning.
• B) Use a different abbreviation for the word or phrase in question.
• C) Attach an appendix stating the definition of each abbreviation used in the document.
• D) Spell out the word or phrase and avoid using the abbreviation.

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Definitions:

Supply Of Labor

The total hours that workers are willing and able to work at a given wage rate.

Labor Market

A market where employers find workers and workers find jobs, characterized by supply and demand for labor.

Marginal Expenditure Curve

A graphical representation that shows how total expenditure changes as the quantity of a good or service purchased varies.

Economic Rents

Earnings in excess of the economically or socially necessary cost of bringing a factor of production into use.