Which of the Following Statements About the Composition of the Labor

question 5

Multiple Choice

Which of the following statements about the composition of the labor force is correct?

• A) Since 1948,the labor force participation gap between males and females has decreased.
• B) Since 1948,the percentage of women participating in the labor force has decreased.
• C) Since 1948,the percentage of men participating in the labor force has increased.
• D) Since 1948,the percentage of women participating in the labor force has remained the same.
• E) Since 1948,the labor force participation gap between males and females has risen.

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Definitions:

FICA Tax

A United States federal payroll tax imposed on both employees and employers to fund Social Security and Medicare.

Federal Government

The national government of a federated state, which holds the authority to govern the entire country.

Employee's Payroll

The total amount of wages, salaries, and other earnings paid to employees by a company during a specific period, including deductions for taxes and other withholdings.

Payroll Bank Account

A dedicated bank account used by businesses to manage and process employee payrolls, ensuring funds are available for direct deposits and payroll checks.