Refer to the Following Table to Answer
Table

question 103

Multiple Choice

Refer to the following table to answer
Table 7.1: U.S. Employment Status (in thousands)
$$\begin{array} { l r r } & \text { Jan 2012 } & \text { Jan 2013 } \\\hline \text { Civilian noninstitutionalized } & & \\\text { population } & 242,269 & 244,663 \\\text { Unemployed } & 12,748 & 12,332 \\\text { Employed } & 141,608 & 143,322 \\\text { Not in Labor Force } & 87,913 & 89,008 \\\hline\end{array}$$
-Consider Table 7.1. Between January 2012 and January 2013, the unemployment rate ________ and the labor participation rate ________ (rounded to 1 decimal point) .

• A) rose; fell
• B) rose; rose
• C) fell; was about the same
• D) fell; fell
• E) Not enough information is given.

Understand the role of supply and demand in determining freely floating exchange rates.

Recognize the effects of monetary policies on international trade and exchange rates.

Explain how changes in exchange rates impact international investments and trade dynamics.

Identify the factors leading to the status of the US as a debtor or creditor nation and the implications on global financial stability.

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Definitions:

Metadata

Data that provides information about other data, often used for describing contents, quality, condition, and other characteristics.

Data Quality

Refers to the condition of a set of values of qualitative or quantitative variables that are accurate, reliable, and relevant for making decisions.

Relational Database

A relational database is a type of database that organizes data into tables which can be linked—or related—based on data common to each.

Data Hierarchy

Data hierarchy is a systematic organization of data, often in a hierarchical form, that starts with the smallest unit of data and aggregates up to more complex forms like databases or data warehouses.