Use the Following to Answer Questions

question 159

Multiple Choice

Use the following to answer questions:
-(Table: Labour Force Data) Use Table: Labour Force Data.If the labour force participation rate is 70%,the unemployment rate is _____%.

• A) 7.6
• B) 5
• C) 4
• D) 3

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Definitions:

Title of Goods

A formal documentation or legal term indicating ownership rights over goods.

Express Contract

A contract explicitly stated by the parties, either orally or in writing, detailing the terms clearly.

Contract Formed

refers to the creation of a legally binding agreement that arises when an offer by one party is accepted by another party, meeting the necessary legal requirements.

Unilateral Contract

A contract where one party makes a promise in exchange for the performance of a specified act by the other party, who is not obligated to perform.