If the Labor Force Is 575,000 and the Total Population

question 219

Multiple Choice

If the labor force is 575,000 and the total population 16 years of age or older is 650,000, the labor-force participation rate is

• A) 65.0%.
• B) 75.0%.
• C) 88.5%.
• D) 92.5%.

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Definitions:

Overly Optimistic

Characterized by an excessive belief in the positive outcomes of events or situations, often overlooking the likelihood of negative results.

Plans

Structured approaches or strategies devised to achieve specific goals or objectives.

Goal Shielding

The cognitive process of protecting one's focus and efforts towards a specific goal by minimizing distractions or competing goals.

Committed

The state of being dedicated or bound to a cause, activity, or other person.