Which of the Following People Would Be Officially Counted as Unemployed

question 166

Multiple Choice

Which of the following people would be officially counted as unemployed?

• A) A person who works only 5 hours per week for pay.
• B) A full-time college student who chooses not to have a paying job.
• C) A family member who works 20 hours per week without pay.
• D) A jobless high-school graduate who is actively looking for work.

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Definitions:

Net Present Value

A calculation used to estimate the value of an investment, adjusting for its cash inflows and outflows over time and discounting them to the present day.

Post Audit

A review conducted after the completion of a project or period to evaluate its compliance with projected outcomes and objectives.

Capital Budgeting

It is the process of evaluating and selecting long-term investments that are in line with the goal of shareholders' wealth maximization.

Simple Rate of Return

A financial metric calculating the increase in cash flow an investment generates, compared to its initial cost, not accounting for time value of money.