The labor force equals:
AEmployed plus unemployed
BEmployed workers only
CAll adults aged over 16
DUnemployed people only
Answer & Solution
Correct answer: A. Employed plus unemployed
1. Both groups are in the market for work.
2. Labor force is employed plus unemployed.
3. Those not looking are excluded.
_Source: OpenStax Principles of Macroeconomics for AP Courses 2e, Chapter 7, Unemployment (CC BY 4.0)._
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