There are 15 million people living in Marketstan, of whom 9 million are working and 1 million are actively looking for work. What is the size of Marketstan's labor force?

Question

Quizplus · Accepted Answer

The labor force is made up of both employed and unemployed individuals actively seeking work. Therefore, the size of Marketstan's labor force is the sum of those who are working (9 million) and those who are actively looking for work (1 million), which is 10 million.

There Are 15 Million People Living in Marketstan, of Whom