The percentage of people able to work and willing to work is known as the A

Economics Nov 11, 2020

The percentage of people able to work and willing to work is known as the A. labor force. OB. employment population. C. work-nonwork ratio. D. work activity

Expert Solution

option (a) is the correct answer.

explanation:-labor force participation rate indicates the percentage of all people of working age & who are actively willing to do the work.In other words labor force is simply defined as the people who are willing & able to work.

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