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Q.The ratio which is used for analyzing the employment situation in the country is derived from

(a) world-population ratio
(b) worker-population ratio
(c) cash-reserve ratio
(d) statutory-liquidity ratio
Meghalaya MboseMBOSE Meghalaya Intermediate Board (Commerce) 2020MCQ· 1mImportance★★★★★
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The correct option is (b) worker-population ratio.

The worker-population ratio (WPR) is calculated as the number of workers (employed persons) divided by the total population, usually expressed as a percentage. It is used by economists to understand the employment situation of a country — a higher ratio indicates a larger proportion of people engaged in product …

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