Which of the Following Is Not in Agreement with the Definition

question 109

Multiple Choice

Which of the following is not in agreement with the definition of frictional unemployment?

• A)It occurs when new workers enter the labor force and must look for work.
• B)It can also occur in the time when workers change jobs.
• C)It is most commonly short-lived.
• D)It appears because of the natural friction between bosses and their employees.
• E)All of these are part of the definition of frictional unemployment.

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Definitions:

Book Value

The net value of a company's assets as recorded on the balance sheet, calculated by subtracting liabilities from the total value of assets.

Weighted Average

A calculation that takes into account the varying degrees of importance of the numbers in a data set.

Component Cost

The expense associated with acquiring or manufacturing each individual part of a product or service.

Flotation Cost

The total costs associated with issuing new securities, including underwriting fees and other expenses.