Which of the Following Would Reduce the Labor Force Participation

question 129

Multiple Choice

Which of the following would reduce the labor force participation rate,all else equal?

• A)an increase in the number of people in the labor force
• B)an increase in the unemployment rate
• C)a decrease in the unemployment rate
• D)an increase in the working-age population

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Definitions:

Organization's Design

The process of structuring an organization's roles, responsibilities, and systems in a way that aligns with its goals and strategies.

Success

Achievement of an action within a specified parameter of time, effort, or both, often measured against preset known standards of completeness, excellence, or other metrics.

Woodward's Classification

A framework developed by Joan Woodward that categorizes firms into groups based on their level of technology and how it impacts organizational structure.

Process Technology

The combination of tools, equipment, methodologies, and techniques used to produce goods or services.