WAEC Economics 2026 Question 23

Question 23

Labour Market

There will be a fall in the size of a country's labour force if the population is

  1. A.increasing
  2. B.below optimum
  3. C.above optimum
  4. D.ageing
Show the answer and explanation

Answer: D (ageing)

Explanation

More people reach retirement age and leave the labour force.