Economics 9708 · AS & A Level · Monopolistic competition

Monopolistic competition — practice question

Economists describe the unemployed as people who are out of work but are actively looking for a job. Other people of working age may be classified as inactive or self-employed. Which groups of people are counted as part of a country’s labour force?

  • Aunemployed no, inactive no, self-employed no
  • Bunemployed yes, inactive no, self-employed yes
  • Cunemployed yes, inactive yes, self-employed no
  • Dunemployed no, inactive yes, self-employed yes

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