The Labor Force in an Economy Consists of All

question 82

Multiple Choice

The labor force in an economy consists of all:

• A)the people in the economy who are not retired.
• B)the people in the economy over 16 years of age.
• C)the adults in the economy between 18 and 65 years old who are able to work.
• D)the civilian noninstitutional adult population that is either working or looking for work.
• E)the noninstitutional adult population who are graduates of high school.

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Definitions:

Corrective Steps

This term refers to actions taken to fix problems, address failures, or correct mistakes in a process, plan, or operation.

Exact Opposite

Something that is completely different in every way from something else.

Reactor

An organization or individual that primarily responds to external conditions rather than actively influencing or adapting to changes.

Objective Setting

The process of defining specific, measurable goals that a company or individual aims to achieve within a time frame.