Which of the Following Statements About Unemployment That Is Indicative

question 2

Multiple Choice

Which of the following statements about unemployment that is indicative of sectoral shifts hypothesis is not correct?

• A) Unemployment spells will be longer the more firm-specific and industry-specific skills are.
• B) Unemployment rates for sectoral shifts reasons will vary by industry and occupation.
• C) When an industry experiences a negative shock, those workers who become unemployed will eventually become employed in new industries when the new industries adjust their needs to the existing skills of the unemployed.
• D) When an industry experiences a negative shock, those workers who become unemployed will eventually become employed in new industries after they adjust their skills to match the needs of new, growing industries.
• E) All of these are indicative of the sectoral shifts hypothesis.

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Definitions:

Common Stock

A form of corporate equity ownership, a type of security that represents ownership in a corporation and a claim on part of the corporation's profits or losses.

Dividends Per Share

Dividends per share is a measure reflecting the amount of declared dividends for each share of common stock, revealing how much a company pays out in dividends relative to its share price.

Fiscal Year

A one-year period selected for accounting purposes, which does not necessarily correspond to the calendar year.

Stockholders' Equity

The residual interest in the assets of a corporation remaining after deducting its liabilities, representing ownership interest.