Frictional Unemployment

question 167

Multiple Choice

Frictional unemployment

• A)can be created both by workers quitting to find more suitable jobs and changes in a country's comparative advantages.
• B)can be created by workers quitting to find more suitable jobs but not by changes in a country's comparative advantages.
• C)can be created by changes in a country's comparative advantages, but not by workers quitting to find new jobs.
• D)is not created by workers quitting to find more suitable jobs nor by changes in a county's comparative advantages.

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Definitions:

Shareholders' Equity

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

Outstanding Ordinary Shares

The total number of shares currently held by shareholders, including restricted shares held by company officers and insiders, but not treasury shares.