Using the Table Above,the Current Population Survey Classifies the Group

question 5

Multiple Choice

Using the table above,the Current Population Survey classifies the group of individuals obtained by adding groups 5 and 6 as

• A)the working age population.
• B)the labor force.
• C)employed.
• D)unemployed.
• E)discouraged workers.

---

Definitions:

Marginal Cost

The spending necessary to fabricate one more unit of a good or service.

Herfindahl-Hirschman Index

An index measuring the level of concentration in a market, calculated by summing the squares of the market shares of all competitors.

Antitrust Division

A government department responsible for enforcing laws that promote competition and prevent monopolies and anti-competitive practices.

Industry Concentration

The extent to which a small number of firms dominate the total sales, production, or capacity of an industry.