The Labor Force Includes All of the Following Individuals Who

question 408

Multiple Choice

The labor force includes all of the following individuals who are 16 years or older EXCEPT

• A) people who have never been in the labor force but have just found a job.
• B) the employed.
• C) the unemployed.
• D) people who are retired and not actively seeking work.

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Definitions:

Biscuit Packs

Typically refers to packages containing biscuits, prepared for retail sale.

Supply Contract

An agreement between a supplier and buyer for the provision of goods or services over a specified period.

Bankruptcy

A legal status for individuals or entities that cannot repay the debts they owe to creditors, leading to a legal process to resolve unpaid debts.

Assets

Resources owned by individuals or companies expected to provide future benefits, including cash, properties, and investments.