Solved IB ACIO Question
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The proportion of the population that is either employed or actively seeking work is the:
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Meaning: LFPR = (Labour Force ÷ Working-age population) × 100.Correct Option Justification: C correctly identifies participation of people in the labour market.Incorrect Options:A. UR measures the unemployed as a share of the labour force, not participation.B. WPR measures employed persons per population, not participation including job-seeking.C. Dependency ratio relates dependents to the working-age population, unrelated to labour market participation.