If We Subtract the Number of Persons Not in the Labor

question 44

Multiple Choice

If we subtract the number of persons not in the labor force from the civilian noninstitutional population,we get the number of people in the

• A) ranks of the unemployed.
• B) civilian labor force.
• C) ranks of the employed.
• D) ranks of discouraged workers.
• E) none of the above

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Definitions:

Carry Forward

A tax policy that allows individuals or companies to use a current year's tax losses to offset future taxable income.

Section 1231

A section of the U.S. tax code that allows for the favorable tax treatment of gains and losses on the sale or exchange of business property.

Aggregate

is the total amount or sum of individual parts combined.

Ordinary

Refers to income or transactions that are common or usual within the context of business and taxes.