Statistics Canada Calls a Person Who Is Out of Work,would

question 305

Multiple Choice

Statistics Canada calls a person who is out of work,would like to work,but has given up looking for work:

• A) unemployed.
• B) employed.
• C) a discouraged worker.
• D) lazy.

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Definitions:

Real Interest Rates

The interest rate that has been adjusted for inflation, representing the true cost of borrowing and the true return on investment.

Currency Depreciate

The decrease in value of one currency in relation to another, often due to economic factors, leading to a reduction in the currency's purchasing power.

Foreign-Currency Exchange

The marketplace where currencies from different countries are traded, allowing for the conversion of one currency into another.

Capital Flight

A large-scale exodus of financial assets and capital from a country due to economic or political instability, weakening the country's economic position.