Question : The number of persons who are actually employed at a particular time are known as _____.
Option 1: Work force
Option 2: Unemployed people
Option 3: Labour force
Option 4: Working population
Correct Answer: Work force
Solution : The number of persons who are actually employed at a particular time are known as work force. Hence Option A is correct.
Question : All persons, who are working and do not working, are seeking and available for work are deemed to be in the _____.
Option 1: Labour force
Option 3: Work force
Question : The ratio of labour force to total population is called ______.
Option 1: Working population
Option 2: Work force
Option 3: Labor force participation rate
Option 4: Working population ratio.
Question : The Labor Force Participation Rate (LFPR) is calculated as the percentage of:
Option 1: Employed individuals in the working-age population
Option 2: Unemployed individuals in the working-age population
Option 3: Employed individuals in the total population
Option 4: Unemployed individuals in the total population
Question : The unemployment rate is calculated by dividing the number of unemployed people by the:
Option 1: Total population
Option 2: Labor force
Option 3: Working-age population
Option 4: Employed population
Question : It refers to the ratio of total number of workers to the total population.
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