Which of the Following Constitutes the Labour Force

question 112

Multiple Choice

Which of the following constitutes the labour force?

• A)the number of people who are employed
• B)the number of people who are unemployed
• C)the number of people employed plus the number of people unemployed
• D)the adult population

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Definitions:

Income Transfers

Payments made by the government to individuals through various welfare programs, without the recipient providing goods or services in return.

Federal Spending

The amount of money that the national government expends on various programs, projects, and services.

GDP

Gross domestic product, a monetary measure of the market value of all final goods and services produced in a country during a specific period.

Federal Expenditures

The spending by the federal government of a country, typically on public services, defense, welfare programs, and infrastructure.