Some People Who Are Employed or Who Are Not Making

question 156

Multiple Choice

Some people who are employed or who are not making serious effort to find employment will report themselves as unemployed.Some people who want to find work will be counted as out of the labor force.

• A)Both the first and the second fact tend to make the reported unemployment rate lower than otherwise.
• B)Both the first and the second fact tend to make the reported unemployment rate higher than otherwise.
• C)The first fact tends to make the reported unemployment rate higher than otherwise,while the second fact tends to make the reported unemployment rate lower than otherwise.
• D)The first fact tends to make the reported unemployment rate lower than otherwise,while the second fact tends to make the reported unemployment rate higher than otherwise.

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Definitions:

Terminate

To bring something to an end or halt its operations or effectiveness.

UCC

The Uniform Commercial Code, a comprehensive set of laws governing commercial transactions in the United States, designed to harmonize the law of sales and other commercial transactions.

Merchant

A person or company involved in wholesale or retail trade, especially one dealing with tangible goods.

Written Offer

A formal proposal or bid presented in written form, detailing the terms under which the writer is willing to engage in a contract or agreement.