Retired persons are officially classified as:

a. unemployed.
b. self-employed.
c. underemployed.
d. not in the labor force.

d

Economics

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Which of the following bonds would have the highest default risk?

A) municipal bonds B) investment-grade bonds C) U.S. Treasury bonds D) junk bonds

Economics

The typical age-earnings cycle shows that

A) there is a positive relationship between age and earnings that eventually turns into a negative relationship. B) there is a negative relationship between age and earnings that eventually turns into a positive relationship. C) there is a constant negative relationship between age and earnings. D) there is no relationship between age and earnings.

Economics