Julie Works Part-Time as a Result of Unfavourable Business Conditions

question 17

Multiple Choice

Julie works part-time as a result of unfavourable business conditions. She would be considered

• A) a discouraged worker.
• B) unemployed as calculated by the Australian Bureau of Statistics.
• C) a job seeker.
• D) not in the labour force.
• E) an underemployed worker.

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Definitions:

Federal Reserve

The Federal Reserve is the central banking system of the United States, responsible for monetary policy, financial supervision, and the stability of the financial system.

Deposit

To entrust money to a bank or other institution; money (cash or checks) put into an account, increasing the account balance.

Agent

One that acts or has the power or authority to act for another.

ATM

An automated teller machine, a specialized computer that allows bank customers to perform financial transactions without the need for a human cashier.