Which One of the Following People Would Be Counted as Unemployed

question 43

Multiple Choice

Which one of the following people would be counted as unemployed in Canada?

• A)Simone is currently working but expects to be laid off by the end of the month, before next month's survey can be completed.
• B)Ruth is a 14-year-old student and has been looking for an after-school job every day for the past month.
• C)Sarah has been looking for a job but is taking a month-long break from the job-seeking effort due to her lack of skills.
• D)Rebekah is a recent graduate looking for work.
• E)Ron has quit looking because he believes that there is no work available for him.

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Definitions:

Merchandise Purchases

Transactions related to buying inventory for resale, typically in a retail or wholesale business setting.

Beginning Cash Balance

Beginning cash balance is the amount of cash available at the start of a financial period, carrying over as the ending balance from the previous period.

Ending Cash Balance

The amount of cash available at the end of a financial period.

Production Budget

A financial plan that estimates the costs associated with the production of goods or services within a specified period.