While Researching the Possible Impact of Economic Conditions on a Proposed

question 81

Multiple Choice

While researching the possible impact of economic conditions on a proposed new product introduction on the Internet, you find an article in Business Week Online that reviews how new products have fared during times of rising inflation.This secondary data was found on a ________ website.

• A) Market research organization
• B) General Knowledge
• C) Open use
• D) Community generated
• E) File sharing

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Definitions:

Bureau of Labor Statistics

An agency of the U.S. government tasked with gathering, examining, and distributing vital data concerning labor market dynamics, employment environments, and fluctuations in prices.

Unemployment Rate

The ratio of unemployed individuals in the labor force who are earnestly looking for work.

Minimum Wage

The lowest legal salary that employers can pay to workers, aimed at protecting workers from exploitation.

Equilibrium Employment

The level of employment where the quantity of labor supplied is equal to the quantity of labor demanded.