The Labor Force Is the Sum of

question 183

Multiple Choice

The labor force is the sum of

• A)employed workers and discouraged workers.
• B)employed workers and unemployed workers.
• C)employed workers and individuals not looking for work.
• D)unemployed workers and the working-age population.

---

Definitions:

Probability Distribution

A statistical function that describes all the possible values and likelihoods that a random variable can take within a given range.

Variances of Stocks

Measures of the dispersion of returns for a given stock, used to assess the risk associated with holding the stock.

Return on Stock

The gain or loss on an investment in stock, represented as a percentage of the investment's initial cost.

Unsystematic Risk

The risk associated with a specific issuer or a particular industry sector, unlike systemic risk, which impacts the entire market.