Juanita Quit Her Job to Move to Santa Fe to Be

question 117

Multiple Choice

Juanita quit her job to move to Santa Fe to be closer to her family. She is actively looking for a new job in Santa Fe. Juanita is considered

• A) structurally unemployed.
• B) cyclically unemployed.
• C) frictionally unemployed.
• D) not to be unemployed.

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Definitions:

Gold Futures

Contracts to buy or sell a specific amount of gold at a predetermined price on a specified future date, used for speculation or hedging.

Short Position

An investment strategy where an investor sells borrowed securities anticipating a price decline, aiming to buy them back at a lower price for profit.

Price

The amount of money expected, required, or given in payment for something.

Electricity Futures

Financial contracts obligating the buyer to purchase, and the seller to sell, a specified amount of electricity at a predetermined price and future date.