This exercise demonstrates the use of forecasts in labor market information. It also looks at projections.
<h3>What is a projection?</h3>
A simple definition of the word projection, as used in statistics is, the prediction of a future value having considered the past statistics of a population should a given set of assumptions occur.
In business, projection is a desired future outcome while the forecast is an estimated future outcome, based on the balance of probability.
Labor market statistics relate to the data from the labor market that predicts employment trends. This can be executed according to occupation, geographical location, sectors, etc.
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Answer:
d. 80 percent
Explanation:
Human trafficking is an illegal activity in which traffickers capture people to transport, relocate, or keep them hidden by forcing, intimidating, or deceiving them so as exploit them. Each year, a huge number of persons are captured by these criminals, both in their homeland and in other countries; women and children represent 80% of the victims.
Answer:
A. Trade barriers are low.
Explanation:
Concentration of production makes most sense when trade barriers are low.
Having low trade barriers means that the exchange between products is easier between countries. So whatever products are made in concentration, they can be traded between countries without too many restrictions and that indirectly helps the economy in growing their profits.
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Answer:
"On September 28, 1789, just before leaving for recess, the first Federal Congress passed a resolution asking that the President of the United States recommend to the nation a day of thanksgiving."
Explanation:
Answer:
C. Interdependent
Explanation:
By depending on each other for goods they need , the countries are economiCally dependent on each other. Economic dependence is a system that refers to a situation where companies and nations are dependent on each other economically. This system is a product of labour specialization. A country that cannot produce a certain good efficiently would depend on another to get such a good.