Suppose the Country of Tiny Town Experiences Frictional Unemployment

question 49

Multiple Choice

Suppose the country of Tiny Town experiences frictional unemployment.This frictional unemployment would

• A)signal that the country is in a recession.
• B)be considered a natural occurrence in a growing economy.
• C)signal the number of discouraged workers is growing.
• D)increase structural unemployment.
• E)decrease the output gap.

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Definitions:

Nonselling Time

Periods during a salesperson's schedule that are not directly involved in selling activities, such as travel, administrative tasks, and training.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including materials and labor.

Frequency of Customer Sales Calls

The number of times sales representatives contact or visit customers within a specific period to drive sales.