The Normal Turnover of Workers and the Usual Time It

question 117

Multiple Choice

The normal turnover of workers and the usual time it takes to find a satisfactory job causes ________ unemployment to persist even at potential GDP.

• A)excess
• B)cyclical
• C)frictional
• D)involuntary
• E)structural

---

Definitions:

Planned Objectives

Strategic goals set by a business or organization to guide its operations and decisions.

Controllable Margin

The portion of profit or margin that can be directly influenced by managing the controllable costs in a business.

Operating Results

The financial outcomes of a company's core business activities, excluding non-operating revenues and expenses, reflecting its operational efficiency.

Required Rate of Return

The minimum annual percentage return an investor expects to earn when investing in a particular asset or project.