The Working-Age Population Includes

question 13

Multiple Choice

The working-age population includes

• A) those in jails and hospitals.
• B) the total number of civilians aged 15 years and over.
• C) people over the age of 15 who are working and those under the age of 65.
• D) youngsters between the ages of 14 and 16 if they are working at least part-time.
• E) only employed people over the age of 15.

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Definitions:

Federal Reserve

The central banking system of the United States, responsible for monetary policy, including regulation of money supply and interest rates.

U.S. Government Securities

Financial instruments issued by the U.S. Treasury or federal government agencies to finance government spending and obligations.

Assets Component

Parts or elements that make up the total value of assets owned by an individual or organization.

Money Supply

The money supply is the total amount of monetary assets available in an economy at a specific time, including cash, coins, and balances held in checking and savings accounts.