The Labor Force Is Defined as

question 290

Multiple Choice

The labor force is defined as

• A) the number of people over 16 years of age.
• B) the number of people who are working.
• C) the sum of the employed and the unemployed.
• D) the number of people in blue-collar jobs.

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Definitions:

Algorithm

A set of rules or a step-by-step process designed to perform a specific task or solve a particular problem.

Heuristic

A simple thinking strategy that often allows us to make judgments and solve problems efficiently; usually speedier but also more error-prone than an algorithm.

Tools

Devices or implements used to carry out a function or perform a task, often making jobs easier or possible.

Heuristics

Mental shortcuts or "rules of thumb" that simplify decision making by reducing the amount of information processed.