Question

Worker Population Ratio is an indicator used for analyzing the employment situation in a nation.

Hint:

Worker Population Ratio helps policymakers understand labor market trends and formulate effective employment policies.

Answer 1

Understanding Worker Population Ratio:
- Worker Population Ratio (WPR) is calculated as the percentage of employed persons in the total population. 
Evaluation: 
1. True Statement: - WPR provides insights into labor force participation and employment trends.
2. Indicator of Employment Situation: - A high WPR suggests a greater proportion of employed individuals, whereas a low WPR may indicate unemployment or underemployment. 
3. Helps in Policy Formulation: - Governments use WPR data to design labor market policies and employment generation programs.
Conclusion: The statement is true, as WPR is a widely used metric for assessing employment conditions in an economy.