Which of the Following Would Reduce the Labour Force Participation

question 57

Multiple Choice

Which of the following would reduce the labour force participation rate, all else equal?

• A)an increase in the number of people in the labour force
• B)an increase in the unemployment rate
• C)a decrease in the unemployment rate
• D)an increase in the working-age population
• E)an increase in minimum working age

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Definitions:

Contract Development

Contract development is the process of drafting agreements that outline the terms, conditions, and responsibilities between parties involved in a transaction or project.

Parent Company

A company that owns a controlling interest in another company or companies, known as subsidiaries.

Outsourced

The process of hiring external organizations or individuals to perform services or create goods that traditionally were performed in-house by the company's own employees and staff.

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Pertaining to software for which the original source code is made freely available and may be redistributed and modified.