Martha Is Looking for Work as a Electrical Engineer

question 340

Multiple Choice

Martha is looking for work as a electrical engineer. Her prospects are good but so far she has not taken a job. Jennifer is looking for work in a paper mill. Every time Jennifer shows up for an interview, there are more people looking for work than there are openings. She realizes that it has been that way for a long time.

• A)Martha and Jennifer are both frictionally unemployed.
• B)Martha and Jennifer are both structurally unemployed.
• C)Martha is frictionally unemployed, and Jennifer is structurally unemployed.
• D)Martha is structurally unemployed, and Jennifer is frictionally unemployed.

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Definitions:

Deferral Method

An accounting method in which revenue or expenses are deferred to a future period to better match income with the expenses incurred to generate it.

Restricted Contribution

A donation or contribution to a nonprofit organization that has specific conditions or restrictions on its use by the donor.

Fixed Assets

Fixed Assets are long-term tangible assets, such as buildings, machinery, and equipment, used in the operation of a business and not expected to be converted to cash in the next year.

Operating Fund

A pool of resources designated for the ongoing operational expenses of an organization.