What is labor force participation?

Mercado laboral y determinación de salarios

Quiz
•
Financial Education
•
10th Grade
•
Hard
Dawa Tshering
Used 1+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Labor force participation is the unemployment rate in a country
Labor force participation is the proportion of the working-age population that is employed or actively seeking employment.
Labor force participation is the number of people working in a specific company
Labor force participation is the number of hours worked per week
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the importance of participation in the workforce in the economy?
The participation in the workforce only benefits individual workers, not the economy as a whole
Participation in the workforce decreases production and economic growth
Participation in the workforce is important to increase production, generate income, and contribute to economic growth.
Participation in the workforce has no impact on the economy
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How is the labor force participation rate calculated?
Participation rate = (Number of people in the labor force / Working-age population) * 100
Participation rate = (Number of unemployed people / Working-age population) * 100
Participation rate = (Working-age population / Number of people in the labor force) * 100
Participation rate = (Number of employed people / Total population) * 100
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the factors that can affect participation in the workforce?
Availability of employment, education and skills, discrimination, government policies, economic situation, work culture
Número de hermanos, tipo de música favorita, estación del año
Color de cabello, signo zodiacal, marca de zapatos
Altura, deporte favorito, sabor de helado
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What role does labor force participation play in determining wages?
What role does labor force participation play in determining wages?
Labor force participation always leads to higher wages.
Labor force participation has no impact on wages.
Labor force participation only affects productivity, not wages.
Labor force participation can affect the labor supply and therefore influence wages.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does participation in the workforce influence the supply and demand of labor?
How does participation in the workforce influence the supply and demand of labor?
Participation in the workforce only affects the demand for labor
Participation in the workforce only affects the supply of labor
Participation in the workforce has no impact on the supply and demand of labor
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What differences exist between men and women's participation in the workforce?
Women tend to earn more than men in the workforce
There are no significant differences between men and women's labor force participation
The main difference lies in the gender gap, where historically women have faced obstacles to access certain jobs or leadership roles. In addition, women tend to do more unpaid work at home and family care, which can affect their participation in the workforce.
The main difference is that men tend to have more household responsibilities, which limits their participation in the workforce
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