If N Is the Working-Age Population,Q Is the Labor Force,and

question 21

Multiple Choice

If N is the working-age population,Q is the labor force,and U is the number of unemployed,then the participation rate is measured as

• A) U/N
• B) Q/U
• C) Q/N
• D) (Q-U)/N

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Definitions:

Trust

A provision in equity whereby one person transfers property to a second person obligated to use it to the benefit of a third person.

Involuntary Assignment

Assignment of rights that takes place involuntarily, as in the cases of death and bankruptcy.

Equity Provision

A clause in an agreement that allows for adjustment based on the equity value of an entity or asset.

Contract Terms

The specific provisions, conditions, and stipulations that define the agreement and obligations between parties in a contract.