In 2016, the Unemployment Rate in Australia Was Highest for People

question 118

Multiple Choice

In 2016, the unemployment rate in Australia was highest for people in the age group:

• A)15-19 years.
• B)20-24 years.
• C)55-59 years.
• D)60-64 years.

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Definitions:

Periodic Payment

A payment made at regular intervals, such as monthly or annually, often in relation to a loan or mortgage.

Ordinary Annuity

A series of equal payments made at regular intervals, with the first payment occurring at the end of the first period.

Periodic Payment

Regular payments made over a specified period, such as monthly rent or mortgage payments.

Ordinary Annuity

An annuity wherein payments are made at the end of each period, often used in savings and loan repayments.