Which of the following statements is incorrect?
A) The labor force is equal to the number of people employed plus the number of people unemployed.
B) The working age population includes everyone over the age of 16.
C) The labor- force participation rate is the labor force divided by the working- age population then times 100.
D) The unemployment rate is the number of persons who are unemployed divided by the labor force then times 100.
Correct Answer:
Verified
Q2: Which population category equals the sum of
Q3: The working- age population is defined as
Q4: The labor force is defined as the
A)
Q5: Suppose the working age population in Tiny
Q6: Full- time students and prisoners are _
Q7: The labor force is defined as
A) workers
Q9: Which of the following is NOT included
Q10: The is the total number of people
Q11: The labor force includes
A) both employed and
Q17: The _equals the number of_ .
A) labor
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