Bo Is Available and Willing to Work but Has Not

question 220

Multiple Choice

Bo is available and willing to work but has not actively looked for work in the past month.Bo is ________ of the labor force and is ________.

• A)part;counted as unemployed
• B)part;not counted as unemployed
• C)not part;not counted as unemployed
• D)not part;counted as unemployed only if he has had a job within the last 12 months
• E)not part;counted as unemployed regardless of whether or not he has had a job within the last 12 months

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Definitions:

Present Obligation

A duty or responsibility that a company is currently required to fulfill, typically as a result of past events.

Corporation

A legal entity recognized by law as separate from its owners, possessing rights to own assets, incur liabilities, and conduct business.

Prospectus

A document required that describes the current status of a business and its future prospects.

Over-subscription

A situation where the demand for a company's new share offering exceeds the available supply.