A Mismatch Between the Geographic Location of Workers and the Location

question 31

Multiple Choice

A mismatch between the geographic location of workers and the location of job openings would result in what type of unemployment?

• A)wait
• B)cyclical
• C)frictional
• D)structural

Recognize the importance of ethics in marketing and business decisions.

Understand the role of laws in shaping business ethics and ethical behavior.

Identify the influence of societal and cultural norms on ethical behavior.

Understand the concept of social responsibility and its application in business.

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Definitions:

New Machinery

Refers to recently developed or acquired equipment that is used in manufacturing or production processes.

Effective Usury Laws

Legislation that regulates and limits the amount of interest that can be charged on loans, preventing excessively high rates.

Credit and Loans

Financial products that allow individuals or entities to borrow money, typically with the promise of repayment at a future date along with interest.

Investment-Demand

The relationship showing the amounts of investment goods purchased at different rates of interest.