If the Number of Officially Employed and Officially Unemployed People

question 57

Multiple Choice

If the number of officially employed and officially unemployed people do not change but the size of the population increases by 10%, there will be _____.

• A)an increase in the unemployment rate and an increase in the labor force participation rate
• B)an increase in the unemployment rate and no change in the labor force participation rate
• C)a decrease in the unemployment rate and a decrease in the labor force participation rate
• D)a decrease in the labor force participation rate with an increase in the unemployment rate
• E)a decrease in the labor force participation rate but no change in the unemployment rate

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Definitions:

Cellular Layouts

Refers to the arrangement of machinery and equipment in closely linked groups or cells that process parts in a workpiece flow, optimizing efficiency and minimizing movement.

Long-linked Technology

Long-linked technology refers to a sequential process technology in which the output of one operation is the input for the next, often seen in manufacturing and assembly lines.

Mediating Technology

Tools or platforms that facilitate the efficient exchange of information, goods, or services between parties, often improving or streamlining processes.

Intensive Technology

Technology that focuses on significantly improving or intensifying processes, often leading to increased productivity or performance.