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The Labor Force Is the Sum of the Working-Age Population

question 395

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The labor force is the sum of the working-age population and the number of unemployed people.


Definitions:

Note Receivable

A promissory note from the payee’s point of view.

Promissory Note

A written promise to pay a specified amount of money, usually with interest, at a determined future date.

Payee

The person or company to whom the check is payable.

Drawer

Person who writes a check.

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