When People Stop Looking for Work, Because They Feel They

question 104

Multiple Choice

When people stop looking for work, because they feel they didn't have a chance of finding on, they're called:

• A)unemployed.
• B)structural unemployment.
• C)underemployed.
• D)discouraged workers.

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Definitions:

Put Options

Financial contracts that give the holder the right, but not the obligation, to sell a specified amount of an underlying asset at a set price within a specified time.

Call Options

Financial derivatives that give the buyer the right, but not the obligation, to buy a stock or other financial asset at a specified price within a specific time frame.

Strike Price

The strike price is the fixed price at which the holder of an option can buy (in the case of a call) or sell (in the case of a put) the underlying security or commodity.

LEAPS

Long-Term Equity Anticipation Securities, which are options contracts with expiration dates longer than one year, providing a long-duration investment or hedging opportunity.