Which One of the Following People Would Be Counted as Unemployed

question 92

Multiple Choice

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

• A)a part-time worker who repeatedly expresses a desire to become a full-time worker
• B)a person who has been seeking a job for the last six months, but recently gave up looking because he was discouraged by his job prospects
• C)a person who will be starting a new job in 6 months
• D)a person who expects to be laid off by the end of the month before next month's survey can be completed
• E)a person who has been laid off for 10 weeks and is not looking for a job because he is waiting to be called back to his old job

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Definitions:

Financial Intermediaries

Institutions that facilitate the channeling of funds between savers and borrowers by intermediating financial transactions.

Stocks

Financial instruments that signify ownership in a corporation and represent a claim on part of the corporation's assets and earnings.

Bonds

Bonds are debt securities issued by entities (such as governments, municipalities, or corporations) to raise funds, promising to repay the principal along with interest on a specified date.

Money Market

A financial market in which short-term (less than one year) debt securities are traded.