Answer the Question(s)on the Basis of the Following Table

question 59

Multiple Choice

Answer the question(s) on the basis of the following table:

-Refer to the above information to answer this question.What will happen if the labour participation rate increases?

• A)1 and A
• B)2 and B
• C)2 and C
• D)3 and A

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Definitions:

Balance Sheet

A financial statement that provides a snapshot of a company's financial position, showing assets, liabilities, and equity as of a specific date.

Current Liabilities

Short-term financial obligations that are due within one year or within the current business cycle, whichever is longer.

Obligations

Responsibilities or duties to fulfill terms of contracts, loans, and legal agreements.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or the normal operating cycle, whichever is longer.