Which of the Following Statements Is False

question 194

Multiple Choice

Which of the following statements is false?

• A)The likelihood of losing a job declines during a boom.
• B)Job vacancies and unemployment exist at the same time.
• C)The only component of unemployment that is related to the business cycle is job losers.
• D)The likelihood of losing a job increases during a recession.
• E)People lose their jobs only during recessions.

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Definitions:

Customer

An individual or entity that purchases goods or services from a business.

Bank Statement

A document issued by a bank that summarizes an account holder's transactions and financial activity over a specified period.

Checking Account

A bank account that allows for numerous withdrawals and deposits, intended primarily for daily transactions.

Check Register

A record book used to track checks written, deposits made, and the current balance of a checking account.