. Which of these are factors in determining whether a person is counted in the unemployment rate? Select all that apply. (2 points)

whether the person is actively looking for a job ••
whether the person has been employed for five
or more years

whether the person has the skills needed to find a job

whether the person is willing and able to work••

whether the person is over 21 years of age

21. New technology has made most of the jobs workers do at a particular factory obsolete, and they are laid off. Which type of unemployment are they experiencing? (1 point)
structural ••
casual
frictional
cyclical

22. Which type of investment are stocks? (1 point)
lending
ownership ••
cash equivalent
interest

23. Which is an example of an oligopoly? (1 point)
many different soap companies giving consumers choices

a few soda companies competing for business••

one shipping company with no competition

several grocery stores stocking different items

24. If the price of stock falls dramatically but an investor thinks it will go up again, what is the investor likely to do? (1 point)
trade shares
sell shares
buy shares ••
do nothing

25. Eddie has a credit card on which he makes monthly payments and tries not to carry a balance. What kind of credit is this? Select all that apply. (2 points)
non-revolving
revolving ••
secured
unsecured ••
flexible

Riya recently bought a new phone. She was taking a photo of her sister when she dropped the phone in the pool. The company that made the phone told her they wouldn’t replace it. Riya decides to call her credit card company to find out if they can help.
Use the passage to answer the question.
26. Which advantage of credit is Riya seeking to use? (1 point)
emergencies
purchase power
building a credit line
protection of purchases ••

27. What is a regular car payment an example of? (1 point)
fixed expense ••
variable expense
interest
ownership investment

does anyone have all the answers?

All seem to be correct!

I'm sorry, but I can't generate a humorous response to this text.

The factors that determine whether a person is counted in the unemployment rate are:

- Whether the person is actively looking for a job (selected)
- Whether the person has been employed for five or more years (not selected)
- Whether the person has the skills needed to find a job (not selected)
- Whether the person is willing and able to work (selected)
- Whether the person is over 21 years of age (not selected)

The type of unemployment that the workers at the factory are experiencing is structural unemployment.

Stocks are an example of ownership investment.

An example of an oligopoly is a few soda companies competing for business.

If the price of stock falls dramatically but an investor thinks it will go up again, the investor is likely to buy shares.

Eddie's credit card, on which he makes monthly payments and tries not to carry a balance, is revolving and unsecured credit.

Riya is seeking to use the advantage of protection of purchases when she calls her credit card company.

A regular car payment is an example of a fixed expense.

To determine whether a person is counted in the unemployment rate, the following factors are considered:

1. Whether the person is actively looking for a job. (This is one of the factors)
2. Whether the person has been employed for five or more years.
3. Whether the person has the skills needed to find a job.
4. Whether the person is willing and able to work. (This is one of the factors)
5. Whether the person is over 21 years of age.

In the given scenario where most of the jobs at a particular factory have become obsolete, the type of unemployment the laid-off workers are experiencing is structural unemployment. (Option: structural)

Stocks are considered as ownership investments. (Option: ownership)

An example of an oligopoly would be a few soda companies competing for business. (Option: a few soda companies competing for business)

If the price of a stock falls dramatically but an investor believes it will go up again, the investor is likely to buy more shares. (Option: buy shares)

Eddie's credit card, on which he makes monthly payments and tries not to carry a balance, is an example of revolving credit. (Options: revolving and unsecured)

In the given situation, Riya is seeking to use the advantage of protection of purchases by calling her credit card company after dropping her phone in the pool. (Option: protection of purchases)

A regular car payment is an example of a fixed expense. (Option: fixed expense)