Workers with Experience and Skills Sometimes Lose Their Jobs and Become

question 11

Multiple Choice

Workers with experience and skills sometimes lose their jobs and become unemployed due to changing technology or market conditions,even while firms in other industries or regions are looking to hire more workers.This type of unemployment is called

• A)cyclical unemployment.
• B)frictional unemployment.
• C)historical unemployment.
• D)natural rate of unemployment.
• E)structural unemployment.

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Definitions:

Statement Of Cash Flows

A financial report that shows how changes in the balance sheet and income statement affect cash and cash equivalents.

Operating Activity

Activities that relate directly to the operations of the company, including production, sales, and other core business functions.

Investing Activity

Financial operations related to acquiring or disposing of non-current assets, crucial for budgeting and strategic planning of an organization's capital.

Financing Activity

Transactions related to raising capital and repaying investors, including issuing stock, paying dividends, and borrowing funds.