Table 2The Figures in the Table Below Are Taken from the the Statistics

question 44

Multiple Choice

Table 2.The figures in the table below are taken from the statistics office in a fictional country called Exland.
$\begin{array}{llcc} \text {Number of workers employed} &8,400\\ \text {Frictional unemployment} &250\\ \text {Structural unemployment} &350\\ \text {Cyclical unemployment} &600\\ \text {Discouraged workers} &400\\ \text {Adult population} &12,000\\\end{array}$

-Refer to Table 2.What is the labour force participation rate in Exland?

• A)12.5 per cent.
• B)25 per cent.
• C)60 per cent.
• D)80 per cent.

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Definitions:

Smith

Adam Smith, an 18th-century Scottish economist and philosopher, renowned as the father of modern economics for his works on free market policies and the division of labor.

The Social Sciences

Academic disciplines that study human society and social relationships through various methods of empirical investigation and critical analysis.

Informed Consent

A process by which a person voluntarily confirms their willingness to participate in a particular activity, after having been informed of all the risks, benefits, and alternatives involved.

Covert Research

Research conducted without the knowledge or consent of those being observed or studied, often raising ethical concerns.