During a Recession,the Percentage Workers Who Are Part Time for Economic

question 239

Multiple Choice

During a recession,the percentage workers who are part time for economic reasons

• A)increases more rapidly than the percentage of part-time workers.
• B)decreases more rapidly than the percentage of part-time workers.
• C)increases proportionately with the percentage of part-time workers.
• D)decreases proportionately to the percentage of part-time workers.
• E)does not change even though the percentage of part-time workers increases.

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Definitions:

Net Income

The total earnings of a company after deducting all expenses, taxes, and losses.

Cash Ratio

A liquidity metric that measures a company’s ability to cover its short-term liabilities with its cash and cash equivalents.

Current Ratio

A measure of a business's capability to settle short-term debts, calculated as the ratio of current assets to current liabilities.

Cash Equivalents

Liquid assets that can be quickly turned into a specific amount of cash and have initial maturity times of no more than three months.