The labour force is considered to be:
A) everyone who is employed.
B) everyone who is employed plus everyone who is unemployed.
C) the population of the nation.
D) those not frictionally unemployed plus all others who are employed.

Question

Quizplus · Accepted Answer

The labour force consists of both employed and unemployed individuals within a population. Therefore, option B, which includes both employed and unemployed individuals, is the best choice. Option A only includes employed individuals, while option C refers to the entire population, which includes individuals who may not be part of the labour force, such as retirees, full-time students, and others. Option D suggests that only individuals who are not frictionally unemployed are part of the labour force, which is not accurate.

The Labour Force Is Considered to Be