Each person in the population can be classified as employed,unemployed,or not in the labour force.

Name: Each person in the population can be classified as employed,unemployed,or not in the labour force.
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Quizplus · Accepted Answer

This statement is true according to the standard definition of labour force which includes employed and unemployed individuals, while those not seeking employment (such as students or retirees) are not considered part of the labour force.

Each Person in the Population Can Be Classified as Employed,unemployed,or