If a Large Group of U

question 88

Multiple Choice

If a large group of U.S.workers begins to retire,you can expect

• A) an increase in the labor force participation rate.
• B) an increase in the labor force.
• C) a decrease in the labor force participation rate.
• D) no effect on the labor force participation rate.
• E) no effect on the unemployment rate.

---

Definitions:

Fidelity Bond

A form of insurance protection that covers policyholders for losses that they incur as a result of fraudulent acts by specified individuals, often employees.

Surety Bond

A three-party agreement where the surety guarantees to the obligee that the principal will fulfill an obligation or perform as agreed.

Distinguish

To recognize or treat someone or something as different from others.

Negligence Action

A legal case brought against a party who is accused of failing to exercise a level of care that a reasonable person would in the same situation, resulting in harm.