The total number of people in a country who are in work or unemployed but looking for work, is called:

Related MCQs

• The value of the output of all goods and services produced within a nation's borders, normally given as a total for the year. It thus includes the production of foreign owned firms within the country, but excludes the income from domestically owned firms located abroad, is called:
• A measurement of unemployment based on the number of people out of work and claiming unemployment benefits is called in terms of economic theory
• The goods and services produced by one country that are sold in exchange for the second country’s own goods and services or for foreign exchange are called
• The sum total of incomes received for the services of labour, land or capital in a country is called
• The ratio of the total increase in a country’s national income to the increment in export revenue generating the increase is called:
• Claims on another country held in the form of the currency of that country are known as:
• Funds that flow into a country to take advantage of favourable rates of interest in that country are known as
• What is the term used for the flow of goods and services that enter for sale into one country and which is product of another country?
• Whe a large number of investors in a country transfer investments elsewhere because of disturbed economic conditions, it is called -
• The total value of goods and services produced in a country during a given period is -