Labour and Workforce Quiz

What is Labour classified as?

• Any physical or mental effort supplied in exchange for a reward

• Only physical effort

• Only mental effort

• None of the above

What does the real wage refer to?

• The actual sum of money received by the worker

• The quantity of goods and services the worker can buy

• The wages before tax

• None of the above

What are the three categories of Labour?

• High Level Manpower, Middle-Level Manpower, Low Level Manpower

• Skilled, Semi-Skilled, Unskilled

• Professional, Technical, Manual

• None of the above

What affects the size of a population?

• Death rate

• Birth rate

• Migration

• All of the above

What is the participation rate?

• The number of people who are able and willing to work

• The number of unemployed people

• The number of students

• None of the above

What is the economic significance of an active workforce?

• They pay taxes on their earnings

• They buy goods and services

• They produce goods and services

• All of the above