If the Employment-Population Ratio in 2015 Was at the Same

question 40

Multiple Choice

If the employment-population ratio in 2015 was at the same level as it was in 2006,

• A)the same number of people would have been working in 2015 as were working in 2006.
• B)3.5 million fewer people would have been working in 2015 than actually were.
• C)an additional 8 million people would have been working in 2015 than actually were.
• D)the number of employed people in 2015 would not have been different.

---

Definitions:

Automated Production Line

A sequence of automated machines and workstations arranged to efficiently manufacture a product.

Activity-Based Costing

A pricing strategy that pinpoints various tasks within a company and allocates the expenses of each task to every product and service based on their real usage.

Idle Capacity

The condition where equipment or workspaces are not being used to their full potential, often resulting in inefficiency and lost productivity.

Resource Consumption

The usage of resources such as materials, labor, and energy in the production of goods or services.