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Question
Identify, which of the following is the correct formula for calculating ‘Worker-Population Ratio’?
Options
`"Total Labour Force"/"Total Population"xx100`
`"Total Workers"/"Total Population"xx100`
`"Total Population"/"Total Labour Force"xx100`
`"Total Population"/"Total Workers"xx100`
Solution
`"Total Workers"/"Total Population"xx100`
Explanation:
Worker-population ratio is the percentage of the population that is involved in value addition in the country, alternatively it is the ratio of the total number of workers in a country multiplied by 100.
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