Table 51 Consider the Data Above for a Simple Economy

question 66

Multiple Choice

Table 5.1 Consider the data above for a simple economy.
-Refer to Table 5.1.The unemployment rate for this simple economy equals

• A)(100/1,000)× 100 percent.
• B)(100/1,100)× 100 percent.
• C)(100/15,000)× 100 percent.
• D)(100/20,000)× 100 percent.
• E)(1000/15,000)× 100 percent.

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Definitions:

Groupthink

A phenomenon where decisions are made or solutions are agreed upon by a group, prioritizing unanimity and cohesion over critical evaluation of alternatives.

Brainstorming

A form of creative thinking in groups, using a procedure in which all group members are encouraged to generate as many ideas as possible while interacting and stimulating each other

Brainstorming Tasks

Involves generating creative ideas and solutions within a group setting, without judgment or criticism during the initial phase.

Dominant Leader

An individual in a leadership position who exerts authority and control, often taking charge of decision-making processes.