Sally Works 10 Hours a Week, but Would Prefer to Work

question 146

Multiple Choice

Sally works 10 hours a week, but would prefer to work more hours. According to the BLS, Sally is classified as:

• A) employed but not "an individual working part time for economic reasons."
• B) a discouraged worker.
• C) unemployed and "an individual working part time for economic reason."
• D) employed and "an individual working part time for economic reason."

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Definitions:

Limited Liability

A legal structure where a company's owners are protected from personal liability for the company's debts or liabilities.

Limited Liability

Refers to a legal structure where a company's owners are not personally liable for the company's debts or liabilities.

Sole Proprietorship

A business owned and operated by a single individual, where there is no legal distinction between the owner and the business entity.

Co-Operative

An organization owned and operated for the benefit of those using its services, with members sharing control according to democratic principles.