Which of the Following Is NOT an Example of a Way

question 51

Multiple Choice

Which of the following is NOT an example of a way that people become unemployed?

• A) A full-time homemaker starts to look for work after staying at home until her youngest child enters school.
• B) Raul is fired and immediately begins looking for another job.
• C) Jose retires and begins to receive a pension each month.
• D) Mary quits her job and starts to look for another job.

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Definitions:

American Options

Options that can be exercised at any time before expiration, as opposed to European options which can only be exercised on the expiration date.

European Options

Financial derivatives that give the holder the right to buy or sell an underlying asset at a specified price, but only on the option's expiration date.

Payoff

The return received from an investment or the outcome of a decision or transaction.

Underlying Asset

The financial instrument (such as stocks, bonds, commodities) upon which derivatives or other financial instruments (e.g., options) are based.