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Which of the following increases frictional and/or structural unemployment?
I. more young workers entering the labor force
Ii. more generous unemployment benefits
Iii. a structural slump with some industries dying
Foreign Exchange Markets
Markets where participants can buy, sell, exchange, and speculate on currencies. These markets are critical for facilitating international trade and investment.
Trading Floor
The physical location where financial trading activities take place, such as in a stock exchange.
Foreign Firm
A company that is incorporated under the laws of a country other than the one in which it does its main business.
Direct Quote
The value of foreign exchange quoted with the domestic currency for every unit of the overseas currency.
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