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5 March, 03:16

The labor-force participation rate tells us the fraction of the population that has chosen to participate in the labor market.

a. true

b. false

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  1. 5 March, 03:39
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    The statistic of the labor-force participation rate shows the number of people participating in the work force as either actively employed or looking for work, as opposed to those who are not employed and are not seeking work. Another way of thinking about it is that it shows us how many people are available in the work force.
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