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18 Mar 2018

50) The number of Canadian employed by small businesses is approximately: a) 10% of the total workforce b) 20% of the total workforce c) 50% of the total workforce 98% of the total workforce d)

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Hubert Koch
Hubert KochLv2
19 Mar 2018
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3. Which of the following is a leading indicator (objective measure that accurately predicts future labour demand)? a) Economic measures, such as GDP b) Competitor actions c) Technological changes d) Trends in workforce composition e) All of the above

7) Economists, statisticians, and business analysts are interested in the "unemployment rate” because this number indicates an economic system's ability to effectively use an important factor of production. However, many people believe that a government's "official unemployment rate understates a country's ability to match the skills of its workforce to appropriately productive jobs. The other reason highlighted during the lecture was: a) b) c) d) the mismatch effect underemployment microeconomic underutilisation the factor utilisation gap

Theoretical probability is:

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c) The total number of successful trials of an experiment divided by the total number of trials of an experiment

d) the same as odds

 

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