Question

In a country with a working - age population of 30 million, 20 million are employed, 2 million are unemployed, and 2 million
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Answer #1

Labor Force is the sum of Employed and Unemployed people.

We have, Employed = $20 million

Unemployed = $2 million

Labor Force = $20 + $2 million = $22million

Option C is correct.

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