Suppose That Homemakers Are Included as Employed in the Labor

question 159

Multiple Choice

Suppose that homemakers are included as employed in the labor force statistics,rather than being counted as out of the labor force.This would

• A)increase the measured unemployment rate.
• B)increase the measured labor force participation rate.
• C)decrease the number of persons in the labor force.
• D)decrease the number of persons in the working-age population.

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Definitions:

Second-Hand Dealer

A business or individual that buys and sells used goods.

Security Interest

A legal claim or lien on collateral that has been pledged, usually to secure repayment of a debt.

Clear Title

Ownership that is free of liens, disputes, or legal questions, fully enabling the transfer to another party.

Breach of Condition

A Breach of Condition refers to the failure to meet a condition stated in a contract, which is so fundamental that it allows the other party to terminate the contract and seek compensation for damages.