The Unemployment That Fluctuates Over the Business Cycle Is Called

question 88

Multiple Choice

The unemployment that fluctuates over the business cycle is called

• A)full unemployment.
• B)cyclical unemployment.
• C)frictional unemployment.
• D)natural unemployment.
• E)structural unemployment.

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Definitions:

Equity Multiplier

A financial leverage ratio that measures the portion of a company’s assets that are financed by stockholder's equity.

Profit Margin

The percentage of revenue that remains as income after all operating expenses, interest, taxes, and preferred stock dividends have been deducted from total revenue.

Fixed Asset Capacity

The maximum production or service level that a company can sustain with its current fixed assets, such as machinery and equipment.

Current Sales

The total recorded sales of a company within the current financial period.