According to 2012 Data on the U

question 29

Multiple Choice

According to 2012 data on the U.S. population, which of the following was correct?

• A) Adults of prime working age ages 25-54) had both higher labor-force participation rates and higher rates of unemployment compared to teenagers.
• B) Adults of prime working age ages 25-54) had higher labor-force participation rates and lower rates of unemployment compared to teenagers.
• C) Adults of prime working age ages 25-54) had both lower labor-force participation rates and lower rates of unemployment compared to teenagers.
• D) Adults of prime working age ages 25-54) had lower labor-force participation rates and higher rates of unemployment compared to teenagers.

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Definitions:

Demand Curve

A visual chart that illustrates the connection between a product's price and the amount of it consumers want to buy.

Currency Value

The worth of one country's currency in terms of another currency or standard measure.

Speculators

Individuals or entities who attempt to profit from the anticipation of price movements in a market, often taking on risks in the process.

Exchange Rate

The price at which one currency can be exchanged for another, influencing international trade and investment.