Which of the following stands true in regard to "Worker-population" ratio?
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1, 2 and 3 1 and 2 2 and 3 1 and 3 |
1 and 3 |
The correct answer is option 4: 1 and 3 Statement 1: Correct — Worker-population ratio is indeed an indicator to analyse the employment situation of a country. Statement 2: Incorrect — The ratio is not inversely proportional. It is directly proportional to workforce engagement. Higher ratio means more people are working. Statement 3: Correct — It helps in knowing the proportion of population actively engaged in producing goods and services. |