JAMB Economics 2007 Question 50

Question 50

Labour Market

The labour force of a country best describes

  1. A.the number of people in paid employment
  2. B.the number of people receiving pension
  3. C.people within the retirement age
  4. D.people within the working age
Show the answer and explanation

Answer: D (people within the working age)

Explanation

The labour force is the people of working age who are able and willing to work.