Frictional Unemployment Can Be the Consequence of

question 35

Multiple Choice

Frictional unemployment can be the consequence of

• A)workers leaving existing jobs to find ones they like better.
• B)one industry declining while another is growing.
• C)changes in the working conditions offered by competing firms.
• D)All of the above are correct.

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Definitions:

Account

A record summarizing all the transactions pertaining to a single item in the accounting equation.

Lockbox Services

Bank-provided services that expedite the collection and processing of account receivable payments by having them sent directly to a secure post office box.

Collection Funds

Monies that are being gathered or have been gathered for a specific purpose, often related to financial transactions or payments.

T-Bills

Short-term government securities issued at a discount from par value, which mature and pay back the full face value.