Answer: Option C
Explanation: The unemployment rate refers to the proportion of the unemployed workforce, calculated as a percentage.
This is considered as a lagging indicator, which means this normally goes up or down in the midst of response to changing circumstances instead of predicting them. The unemployment rate could be expected to increase when the economic situation is in bad condition and job opportunities are scarce.
In order to evaluate the jobless rate, the amount of unemployed individuals is measured by the number of working and unemployed individuals in the total labor force.
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Answer:
C. Data processing, management reporting, decision support, strategic and end user support, electronic business and commerce
Explanation:
An economic community is a set of countries organized to work towards commonplace goals inside the law of international trade.
International trade is the trade of goods and services among nations. trading globally gives clients and countries the opportunity to be uncovered to items and services no longer to be had of their very own nations, or extra highly-priced regionally.
International trade is known as the exchange or alternate of products and services between exclusive nations. This type of change contributes to and will increase the sector economy. The maximum usually traded commodities are tv units, garments, machinery, capital goods, food, uncooked cloth, and so forth.
Popular worldwide change fashions universally do not forget maximizing the supply of less expensive items as the objective of worldwide change. They then cross on to expose that price lists and different impediments to exchange reason for a loss of monetary performance.
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