Which of the Following Would NOT Be Considered a Fixed

question 90

Multiple Choice

Which of the following would NOT be considered a fixed expense?

• A)Utilities
• B)Wages
• C)Insurance
• D)Rent

Recognize the components and importance of a financial plan.

Define financial risk and identify its sources.

Distinguish between the different types of financial plans and their purposes.

Understand the composition of major current assets and liabilities.

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Definitions:

Unemployed

Unemployed refers to individuals who are capable of working and actively seeking employment but are unable to find a job, a key measure in determining the health of an economy.

Discouraged Workers

Individuals not actively seeking employment due to believing there are no jobs available for them or there are no jobs for which they would qualify.

Labor-Force Participation Rates

The share of the labor force within the working-age bracket that is either working or actively searching for work.

Labor-Force Participation Rate

The proportion of the working-age population that is either employed or actively looking for employment.