Jamaal Lost His Job When a Mechanical Device Replaced People

question 87

True/False

Jamaal lost his job when a mechanical device replaced people with his skills.If Jamaal's skills are non-transferable,he would be considered to be structurally unemployed.

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Definitions:

Bonds

Debt securities issued by corporations or governments to raise funds, promising to repay the borrowed amount plus interest to bondholders.

Convertible Bonds

Bonds that permit bondholders to convert them into common stock at the bondholders’ option.

Common Stock

A type of equity security that represents ownership in a corporation, giving holders voting rights and a share in the company's profits through dividends.

Premium

An amount paid in addition to a standard price or rate, often for insurance or an enhanced level of service or coverage.