Which of the Following Individuals Is NOT Counted as Unemployed

question 326

Multiple Choice

Which of the following individuals is NOT counted as unemployed?

• A) Jamil, who recently quit his job and is looking for a new position
• B) Jackie, who was recently fired and is now applying for another job
• C) Jack, who has become discouraged about ever finding a job and has stopped looking
• D) Jennifer, who just graduated from college and is now seeking employment with the company of her dreams.

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Definitions:

Operating Leases

Operating leases are contractual agreements in which the lessee pays to use an asset for a specific period without gaining ownership, typically used for equipment and vehicles.

Capitalize

The accounting practice of recording a cost/expense as an asset, rather than an expenditure, thereby extending the recognition of its financial impact over the useful life of the asset.

Long-Term Liabilities

Financial obligations of a business that are due for repayment beyond the current fiscal year, including bonds payable, long-term loans, and lease obligations.

Current Liabilities

Financial obligations that a company is expected to pay within one year, including accounts payable, short-term loans, and other similar debts.