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1 The labor force is best defined as (A) the total number of employed persons (B) the total number of unemployed persons (C) the ratio

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1 The labor force is best defined as (A) the total number of employed persons (B) the total number of unemployed persons (C) the ratio of employed persons to unemployed persons (D) the ratio of unemployed persons to employed persons (E) the total number of employed persons plus the total number of unemployed persons 2 Eric is 12 years old and is paid to sweep the floor at his dad's shop 10 hours each week. According to the official employment statistics, Eric is (A) not counted in the labor force (B) counted as employed part-time (C) counted as unemployed (D) counted as underemployed (E) counted as employed full-time 3. To be counted as unemployed, one must be (A) working at least I hour per week (B) out of work and actively seeking work (C) working more than 40 hours per week (D) out of work (E) working for one job, but actively seeking a better job 4. Sven works at the Barger Village for 10 hours each week but is looking for a better job at the Taco Plaza where he hopes he can work 40 hours each week. Officially, Sven is considered (A) unemployed (B) out of the labor force (C) employed (D) a discouraged worker (E) marginally attached to the labor force 5. The sum of the employed persons and the unemployed persons is referred to as (A) the employment rate (B) the unemployment rate () the labor force participation rate (D) the labor force () those out of the labor force A nation fias a working age population of 100 million. With 80 million working and million unemployed and

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