Cluster Analysis Using Location Quotients And/or Employment Multipliers Provide a Snapshot

question 13

True/False

Cluster analysis using location quotients and/or employment multipliers provide a snapshot of employment at a point in time but do not provide a forecast of future employment in a specific industry.

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Definitions:

Gallons

A unit of volume used primarily in the United States to measure liquids.

Whisky Consumption

The act of drinking whisky as a means of enjoyment or recreation.

Gallons

A unit of volume used primarily in the United States to measure liquids and gases.

Utility Function

A mathematical representation of how consumer preferences over goods or services translate into utility or satisfaction levels.