Which of the Following Individuals Can Be Counted as Unemployed

question 206

Multiple Choice

Which of the following individuals can be counted as unemployed?

• A) Hannah and Harold, who are serving time for armed robbery
• B) Jason and Jill, who have not looked for work for the last 2 years
• C) Stewart and Susan, who are currently housed in a mental institution
• D) Jean, who left her job to search for a higher-paying position

---

Definitions:

Cost Of Goods Manufactured

The total expense incurred to produce products during a specific period, including costs of raw materials, labor, and manufacturing overhead.

Cost Of Goods Sold

The total cost directly linked to the production or acquisition of the goods sold by a company.

Raw Materials Inventory

This represents the total cost of all materials that are not yet processed and used in the production of goods.

Factory Depreciation

A method of allocating the cost of a tangible asset over its useful life, specific to equipment and buildings used in manufacturing.