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Concept of Labour Force - SS1 Economics Past Questions and Answers - page 1

1
Who is considered part of the labour force?
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A
Individuals who are currently working
B

Individuals who are currently studying

 

C
Individuals who are retired
D
a and b
2
What is the difference between unemployment and not being in the labour force?
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A
There is no difference
B
Individuals who are unemployed are actively seeking work, while those not in the labour force are not
C

Individuals who are not in the labour force are actively seeking work, while those who are unemployed are not

 

D
Unemployment refers only to people who have been laid off from their jobs
3
Which of the following is an example of someone who is not considered part of the labour force?
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A
A stay-at-home parent
B

A student who is also working part-time

 

C
A retiree who is collecting a pension
D
a and c
4

What is the definition of the labour force?

 

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