The Civilian Non-Institutional Population Can Be Broken Down into Two

question 57

Multiple Choice

The civilian non-institutional population can be broken down into two groups:

• A) employed persons and unemployed persons.
• B) persons working and persons not working.
• C) persons working in service jobs and persons working in manufacturing jobs.
• D) persons not in the labor force and persons in the labor force.

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Definitions:

Dishonoring

Dishonoring occurs when a promised payment, such as a check or electronic payment, is not completed due to insufficient funds or rejection by the bank.

Note Receivable

A written promise for a specified amount of money to be paid by a debtor at a certain future date.

Principal

The original sum of money borrowed in a loan or the initial amount of investment, excluding any interest or profits.

Interest

A payment made for the use of borrowed money, usually calculated as a percentage of the principal amount.