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One Criteria for Determining Whether a Worker Is an Employee

question 20

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One criteria for determining whether a worker is an employee or an independent contractor is the economic realities test.Under the economic realities test,a court considers whether a worker is economically dependent on the business,or is in business for himself or herself.


Definitions:

Negative Growth

A decline in the economic performance of a company, sector, or economy, often measured by a decrease in gross domestic product (GDP) or revenue.

Industry-Specific iShares

Exchange-traded funds that target investments in specific industry sectors, offering exposure to those segments of the market.

Investors

Entities or individuals committing capital in anticipation of financial rewards.

Expected Return

A statistical measure of the mean or average return investors anticipate from an investment, considering all possible outcomes.

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