According to 2014 Data on the U

question 158

Multiple Choice

According to 2014 data on the U.S.population,which of the following groups of adults of prime working age (ages 25-54) had the highest labor-force participation rate?

• A)white males
• B)white females
• C)black males
• D)black females

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Definitions:

Surplus

The situation where the quantity of a good or service supplied exceeds the quantity demanded, often causing downward pressure on price.

Shortage

Situation in which the quantity demanded exceeds the quantity supplied.

Extraction Costs

The expenses associated with the removal of raw materials from the earth, such as labor, energy, and equipment costs.

Rare Earth Metals

Rare earth metals are a group of seventeen elements used in the manufacture of a variety of advanced technological devices, characterized by their scarcity and unique electronic properties.