What is the difference between unemployment and... - SS1 Economics Concept of Labour Force Question
What is the difference between unemployment and not being in the labour force?
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
correct option: b
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