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:

Government of Alberta

The provincial government responsible for public policy, regulation, and administration in the province of Alberta, Canada.

Treasury Bill

Short-term government securities issued at a discount from the face value and paying no interest, maturing usually in one year or less.

Issue Price

The price at which new securities are offered to the public by the issuer.

Simple Interest

Interest calculated only on the initial principal of a loan or deposit, without compounding.