Which of the Following Persons Would Be Considered Unemployed

question 113

Multiple Choice

Which of the following persons would be considered unemployed?

• A)A house wife
• B)A 15-year-old looking for summer employment
• C)A person who worked more than 20 hours in a family-owned business
• D)A recent college graduate looking for her first job
• E)A full-time student

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Definitions:

State Corporation Laws

Regulations established by individual states governing the formation, operation, and dissolution of corporations within their jurisdiction.

Comprehensive Income Items

Components of comprehensive income that represent all changes in equity during a period except those resulting from investments by owners and distributions to owners.

Revaluation Surplus

The increase in value of an asset, over its previously recorded cost, reflected in the financial statements.

Share Premium

The amount received by a company over and above the face value of its shares when issuing them.