Economics · Labour Economics
Which of the following compositions best defines the term 'Labour Force'?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Total working-age population in the age group of 15 - 60 years
- 2Total educated and skilled manpower in the country
- 3Employed persons + Unemployed persons looking for work✓
- 4Population in the age group of 25 - 60 years
Correct answer
Employed persons + Unemployed persons looking for work
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