If the Numbers of People Officially Employed and Officially Unemployed

question 71

Multiple Choice

If the numbers of people officially employed and officially unemployed each increased by 10%, while the non-institutional population increased by 15%, what would be the effect?

• A)​an increase in the unemployment rate and an increase in the labor force participation rate
• B)​an increase in the unemployment rate and a decrease in the labor force participation rate
• C)​No change in the unemployment rate and an increase in the labor force participation rate
• D)​No change in the unemployment rate and a decrease in the labor force participation rate

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Definitions:

Corporate Snitches

Informal term for employees or affiliates who report unethical, illegal, or questionable practices within their organizations to authorities or the public.

Nepotists

Individuals who favor relatives or friends for jobs or other advantages, often disregarding merit.

Ombudsmen

Ombudsmen are independent, neutral officials appointed to investigate and resolve disputes or complaints from individuals against organizations or public authorities.

Deficient Product Performance

Circumstances where a product fails to meet expected standards, functionality, or quality benchmarks.