If the Employment-Population Ratio in 2015 Was at the Same

question 40

Multiple Choice

If the employment-population ratio in 2015 was at the same level as it was in 2006,

• A)the same number of people would have been working in 2015 as were working in 2006.
• B)3.5 million fewer people would have been working in 2015 than actually were.
• C)an additional 8 million people would have been working in 2015 than actually were.
• D)the number of employed people in 2015 would not have been different.

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Definitions:

Positive Number

A number greater than zero, indicating a quantity or value that is above the neutral or zero point on a scale.

Appreciation

An increase in the value of an asset or currency over time, often due to economic or market factors.

Canadian Dollar

The official currency of Canada, represented by the symbol CAD or $, and divided into 100 smaller units known as cents.

Balance of Payments

A comprehensive summary of all economic transactions between residents of one country and the rest of the world over a specific period.