A Person Is Unemployed If He

question 23

Multiple Choice

A person is unemployed if he

• A) is a member of the civilian labor force, out of work, and actively seeking work.
• B) is 15 years old and seeking his first job.
• C) is out of work, available for work, but not actively seeking work.
• D) all of the above

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Definitions:

Current Yield

The annual income (interest or dividends) earned from an investment, expressed as a percentage of the current price.

Liquidation Payment

The payout received by investors or creditors during the liquidation of a company, prioritizing payments according to seniority of claims.

Preferred Stock

represents ownership in a corporation with a claim on assets and earnings before common stockholders, often paying fixed dividends.

Par Value

The nominal value of a bond or stock as declared by the issuer, which might not match its value on the market.