Which of the Following Would Be Considered Unemployed

question 81

Multiple Choice

Which of the following would be considered unemployed?

• A) Mark,laid off from his job as a bricklayer,returned to school full-time.
• B) Sarah,a stay-at-home mom who earned nearly $80,000 per year in her previous job.
• C) Tim,a 13-year-old high school student,is looking for a part-time job.
• D) Janice,a senior in college,started job hunting early in the hope that she would have secured a job by the time she graduates in May.

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Definitions:

Accrued Interest

The interest that has accumulated on a bond or loan but has not yet been paid to the lender, often recorded as a current liability on the balance sheet.

Accrued Interest

Interest that has been earned but not yet received or recorded as income by the company.

Face Value

The nominal or dollar value printed on a bond, note, or other financial instrument.

Bond Sinking Fund

A fund set aside by a corporation to repay bonds at maturity, ensuring the security of the bondholders' investment.