Mike Has Been Unemployed for Over a Year

question 1

Multiple Choice

Mike has been unemployed for over a year.He hasn't looked for a job in the last three months,but he's just started looking for work again.Because Mike started looking for a new job

• A)the unemployment rate increased.
• B)the labor force participation rate decreased.
• C)the unemployment rate decreased.
• D)the working-age population increased.

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Definitions:

Disclosed

Disclosed means to make known or reveal information that was previously secret or unknown.

Interim Reports

Periodic financial statements reported by a company, usually quarterly, to provide investors and stakeholders with an update on performance.

Operating Segment

A component of a business that engages in business activities from which it may earn revenues and incur expenses, identifiable by distinct financial information.

Disclosure Guidelines

Regulations or standards that dictate the financial information a company must provide to stakeholders to ensure transparency and informed decision-making.