If the People Who Take Early Retirement Are Not Counted

question 62

Multiple Choice

If the people who take early retirement are not counted in the working- age population, then

• A)the labour force participation rate would be higher.
• B)the unemployment rate would be lower.
• C)the labour force participation rate would be less.
• D)the unemployment rate would be higher.

---

Definitions:

Fundamental Bias

An inherent inclination or prejudice that consistently affects judgement or decision-making.

Interpersonal Factors

Elements pertaining to relationships or interactions between individuals that can influence behavior, emotions, and personal development.

Internal Attribution

The process of assigning the cause of behavior to something within the individual, such as their personality, disposition, or attitude.

Systematic Judgments

Evaluations or decisions made following a methodical and consistent approach, often based on established criteria or evidence.