Examlex
From time to time,debt and equity securities must be reclassified when conditions and circumstances surrounding the investment change.
Required:
Describe the general accounting procedures for reclassifying securities from one category to another-held to maturity,available for sale,or trading.
Unemployment
The state of being without a job despite actively looking for work, measured as a percentage of the labor force.
Normative Economics
Normative economics deals with the evaluation of economic outcomes through the prism of what ought to be, recommending actions by what is deemed desirable or ideal.
Macroeconomics
The branch of economics that studies overall economic dynamics, including inflation, unemployment, and economic growth, on a national or global scale.
Rate of Unemployment
The proportion of people in the labor force who are unemployed and actively seeking work.
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