Question

exam instructions
this exam has 50 questions. you will be presented one question at a time, but you can always go back to any question. you will have 3 hour
to complete this exam.
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exam.
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name is clearly legible.
good luck!
question 9 2 pts
the labor force equals the
adult population.
number of people employed plus the number of people unemployed plus teenagers between ages 14 and 16 who work at least 10 hours a
week.
number of people employed plus the number of people unemployed.
number of people employed.

Explanation:

To determine the correct definition of the labor force, we recall the economic concept: the labor force consists of individuals who are either employed (working) or unemployed (actively seeking work).

• The first option is incorrect because the adult population includes those not in the labor force (e.g., retired, discouraged workers).
• The second option is incorrect as teenagers between 14 - 16 with part - time work are not typically included in the standard labor force definition (labor force focuses on those eligible and actively in the labor market, and there are age - related labor regulations and standard definitions that exclude this specific group from the general labor force calculation).
• The third option is correct as it matches the definition: labor force = number of employed + number of unemployed.
• The fourth option is incorrect as it only includes the employed, ignoring the unemployed who are part of the labor force.

Answer:

C. number of people employed plus the number of people unemployed.