Which of the Following Persons Is NOT Considered a Part

question 23

Multiple Choice

Which of the following persons is NOT considered a part of the labour force?

• A) Mary, who has a part-time job as a day care specialist.
• B) Kurt, an unemployed mechanic looking for a new job.
• C) Brittany, a wealthy hedge fund manager who has just taken early retirement.
• D) Jameson, an accountant who has been temporarily laid off during the holiday season.
• E) Lucy, who works 20 hours a week in her father's restaurant for no pay.

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Definitions:

Bid Price

The highest price a buyer is willing to pay for a security or asset.

Treasury Bill

A short-term government security issued at a discount from the face value and matures at par, providing a return to the holder at maturity.

Dealer

An individual or firm in the securities business who buys and sells securities for their own account, rather than for customers, thus acting as a principal in the transactions.

Money Market Instrument

Short-term debt instruments, typically with maturities of less than one year, traded in the money market, including treasury bills, commercial paper, and certificates of deposit.