Table 63
Population and Labor Force What Is the Number of Year

question 109

Multiple Choice

$\begin{array}{lll} & \text { Year 1 } & \text { Year 5 } \\\text { Population } & 200 \text { million } & 250 \text { million } \\\text { Labor Force } & 110 \text { million } & 145 \text { million } \\\text { \# Employed } & 106 \text { million } & 135 \text { million }\end{array}$

Table 6.3
Population and Labor Force What is the number of unemployed in Year 1 in Table 6.3?

• A)90 million.
• B)94 million.
• C)106 million.
• D)4 million.

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Definitions:

Maximum Interest Rate

The highest rate of interest that can be charged on loans or credit, often regulated by law to prevent usury.

Business Tort

A wrongful act, other than a breach of contract, that results in injury or damage to another's business interests.

Implied-In-Fact Contract

A contract formed by the actions and circumstances of the parties involved, rather than written or spoken words.

Licensing Statute

Legislation that specifies the requirements and conditions for obtaining a professional or business license to legally operate.