Occupational Parity Exists When the Proportion of Minorities and Women

question 55

Multiple Choice

Occupational parity exists when the proportion of minorities and women employed in various occupations within the organization:

• A)equals their proportion in the national population's ten-year census.
• B)exceeds expectations based upon demographic trends.
• C)equals their proportion in the organization's relevant labor market.
• D)has increased as compared to the previous year.

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Definitions:

Interest Rate

The amount charged by lenders to borrowers for the use of assets, expressed as a percentage of the principal, or the amount earned by an investment.

Quantity of Money

The total amount of money in circulation or in existence in a country or the economy at a specific time.

Recessionary Gap

The difference between the real GDP and the potential GDP of an economy, indicating a situation where resources are underutilized.

Monetary Policies

Actions undertaken by a central bank, currency board, or other regulatory committees to control the supply of money and achieve economic goals such as controlling inflation or encouraging economic growth.