Which of the Following Statements Correctly Differentiates Between Unemployed Workers

question 68

Multiple Choice

Which of the following statements correctly differentiates between unemployed workers and discouraged workers?

• A) Unemployed workers do not have a paid job, while discouraged workers have a paid job.
• B) Unemployed workers are counted in the labor force, but discouraged workers are excluded from the labor force.
• C) Unemployed workers consist of skilled workers who have been laid off, while discouraged workers refer to the unskilled workers who have lost their jobs.
• D) The unemployment benefits received by unemployed workers are not capped, while the unemployment benefits received by discouraged workers are capped at a maximum.

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Definitions:

Depreciation Expense

The systematic allocation of the cost of a tangible asset over its useful life, reflecting wear and tear, obsolescence, or decline in value.

Amortization Expense

The process of allocating the cost of an intangible asset over its useful life for accounting and tax purposes.

Retained Earnings

The portion of net income that is retained by the company rather than distributed to its shareholders as dividends, accumulated over the company’s life.

Beginning Period

This refers to the starting point or the first date of a financial reporting period.