An Advantage of the Establishment Survey Over the Household Survey

question 38

Multiple Choice

An advantage of the establishment survey over the household survey of the labor market is that the establishment survey

• A)is based on actual payrolls,rather than on unverified answers.
• B)includes the number of self-employed persons.
• C)includes persons employed at newly opened firms.
• D)provides an estimate of the number of persons unemployed.

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Definitions:

Mortgages

Legal agreements by which a bank or creditor lends money at interest in exchange for taking title of the borrower's property, with the condition that the conveyance of title becomes void upon the payment of the debt.

Patent

A legal right granted by a government that gives an inventor exclusive rights to make, use, sell, and distribute their invention for a defined period of time.

Exclusive Right

A privilege or entitlement to perform an action or use a resource, preventing others from doing the same.

Years

Units of time consisting of 365 days (or 366 in a leap year), used as a measure of duration or to denote a specific period.