Which of the Following Is Included in the Labor Force

question 141

Multiple Choice

Which of the following is included in the labor force?

• A)A student who is still in school but not working or looking for work.
• B)A part-time store clerk who is looking for another job.
• C)A person who runs a charity as a volunteer.
• D)A person who spends the entire day taking care of his or her own young children at home.

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Definitions:

Capital

Financial assets or the financial value of assets, such as funds held in deposit accounts, as well as the physical factors of production including machinery used to produce goods.

Resource

An economic or productive factor required to accomplish an activity, or to produce goods and services.

Economists

Professionals who study the production, distribution, and consumption of goods and services, and analyze economic issues and behaviors.

Investment

The act of allocating resources, usually money, with the expectation of generating an income or profit, such as purchasing assets or stocks.