The Labor Force Is Considered to Be

question 60

Multiple Choice

The labor force is considered to be:

• A) everyone who is employed.
• B) everyone who is employed plus everyone who is unemployed.
• C) the population of the nation.
• D) those not frictionally unemployed plus all others who are employed.

---

Definitions:

Performance Rating

Represents a quantitative measure designed to evaluate the efficiency and productivity of an employee or a machine in the workplace.

Allowances

Financial compensations or extra quantities given to cover specific needs or requirements.

Normal Time

The estimated duration required to complete a task under normal working conditions.

Standard Time

The established amount of time it should take for a task to be completed under normal conditions.