The Labour Force Participation Rate Is Computed as

question 39

Multiple Choice

The labour force participation rate is computed as

• A)(Employed divided by Adult Population)×100.
• B)(Employed divided by Labour Force)×100.
• C)(Labour Force divided by Adult Population)×100.
• D)(Adult Population divided by Labour Force)×100.

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Definitions:

Business Organization

The legal and structural form taken by a business, such as a corporation, partnership, or sole proprietorship, defining its legal responsibilities and operations.

Professional Corporation

A corporation composed of professionals (such as lawyers, doctors, accountants) who offer their services to the public.

Attorney

A professional licensed to practice law, providing legal advice, and representing individuals and entities in legal matters.

Agent

An individual or entity authorized to act on behalf of another person or entity in contractual or legal matters.