All Else Equal,a Worker Is More Likely to Move If

question 27

Multiple Choice

All else equal,a worker is more likely to move if:

• A)his or her spouse is also a labor force participant
• B)there are school-age children in the family
• C)his or her spouse has accumulated very little job tenure
• D)he or she is married

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Definitions:

Call Option

An agreement in finance that grants the purchaser the option, without the mandate, to acquire a security, bond, commodity, or different asset at a pre-determined price during a defined timeframe.

Variance

The average squared deviation between the actual return and the average return.

American Call Option

A financial contract that gives the buyer the right, but not the obligation, to buy an underlying asset at a specified price on or before a specified date.