Suppose There Are Currently 100 People Unemployed, 1,500 People Employed

question 116

Multiple Choice

Suppose there are currently 100 people unemployed, 1,500 people employed, and 2,000 people in the working age population. The labor force participation rate equals 100 times

• A) 100/1,500.
• B) 100/1,600.
• C) 1500/2,000.
• D) 1600/2,000.

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Definitions:

Extrinsic Motivation

Motivation that is driven by external rewards, such as money, praise, or recognition, rather than internal satisfaction.

Self-Determination

The understanding of skills, knowledge, and strengths that enable a person to make choices and initiate work tasks.

Intrinsic Motivation

Motivation that is driven by an interest or enjoyment in the task itself, rather than external pressures or rewards.

Need for Competence

The desire to interact effectively with the environment, to master tasks, and to achieve proficiency.