Refer to the Following Table When Answering
Table

question 8

Multiple Choice

Refer to the following table when answering
Table 7.2
$$\begin{array} { c c c c } \hline & \begin{array} { c } \text { Separation } \\\text { rate }\end{array} & \begin{array} { c } \text { Finding } \\\text { rate }\end{array} & \begin{array} { c } \text { Labor } \\\text { force }\end{array} \\\hline 2015 & 2 \% & 20 \% & 130 \\2016 & 2.5 \% & 15 \% & 100 \\\hline\end{array}$$
-Consider the data in Table 7.2. Using the "bathtub model" of unemployment, in 2016 the natural rate of unemployment is:

• A) 14.3 percent
• B) 14.6 percent
• C) 0.2 percent
• D) 85.7 percent
• E) 16.7 percent

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Definitions:

Psychological Influences

Psychological influences are factors related to individual mental processes and characteristics that affect their purchasing behavior and decision-making.

Situational Influences

External factors that affect consumer behavior at the time of purchase, such as physical environment, social surroundings, and time.

Selective Retention

The process by which individuals remember only information that reinforces their personal beliefs and attitudes, ignoring contradictory evidence.

Postpurchase Stage

The phase after purchasing a product or service where consumers may evaluate their decision, experience satisfaction or dissatisfaction, and engage in behavior such as feedback or repurchase.