__________ Are People Who Are Not Looking for Jobs but Could

question 58

Multiple Choice

__________ are people who are not looking for jobs but could be persuaded to take new ones given the right opportunity.

• A)Passive jobseekers
• B)Transient employees
• C)Global workers
• D)Expendable laborers

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Definitions:

Excess Reserves

Excess funds maintained by a bank or financial institution above the minimum levels mandated by regulatory authorities, creditors, or the institution's internal regulations.

Securities

Financial instruments that represent an ownership position in a publicly-traded corporation (stock), a creditor relationship with a governmental body or a corporation (bond), or rights to ownership as represented by an option.

Commercial Bank

A financial institution that provides services such as accepting deposits, providing business loans, and offering basic investment products.

Federal Reserve Bank

The central banking system of the United States, responsible for monetary policy, regulation of the banking industry, and maintaining stability of the financial system.