Forced Share Applies Only to Surviving Spouses

question 32

True/False

Forced share applies only to surviving spouses.

---

Definitions:

Recession Year

A year during which an economy experiences a downturn and reduced economic activity for two consecutive quarters or more.

Rate of Inflation

The velocity at which the cumulative price level of goods and services elevates, thereby diminishing the purchasing capability.

Cyclical Unemployment

Unemployment caused by the cyclical trends in the economy, typically increasing during recessions and decreasing during periods of economic growth.

Overall Unemployment Rate

The amount of the workforce that remains unemployed and is actively on the lookout for employment.