Suppose That Homemakers Are Included as Employed in the Labour

question 26

Multiple Choice

Suppose that homemakers are included as employed in the labour force statistics, rather than being counted as out of the labour force.This would

• A)increase the measured unemployment rate.
• B)increase the measured labour force participation rate.
• C)decrease the number of persons in the labour force.
• D)decrease the number of persons in the working-age population.
• E)increase the number of people eligible to work in Canada.

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Definitions:

Years

Units of time that represent a period of approximately 365 or 366 days, based on the Earth's orbit of the sun.

Annuity

A financial product that pays out a fixed stream of payments to an individual, typically used as part of retirement planning.

Discount Rate

The interest rate by which future cash flows are devalued to their present worth in a DCF analysis.

Cash Flows

represent the net amount of cash and cash-equivalents being transferred into and out of a business.