A) Labour force
B) Work force
C) Work participation rate
D) None of these
Correct Answer: C
Solution :
[c] The participation rate refers to the number of people who are either employed or are actively looking for work. The number of people who are no longer actively searching for work would not be included in the participation rate. During an economic recession, many workers often get discouraged and stop looking for employment, as a result, the participation rate decreases.
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