Sandy Has Graduated from College and Is Devoting Her Time

question 44

Multiple Choice

Sandy has graduated from college and is devoting her time to searching for a job. She has seen plenty of openings but has not yet been offered one that best suits her tastes and skills. Sandy is

• A)structurally unemployed.Structural unemployment exists even in the long run.
• B)structurally unemployed.There is no structural unemployment in the long run.
• C)frictionally unemployed.Frictional unemployment can exist even in the long run.
• D)frictionally unemployed.There is no frictional unemployment in the long run.

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Definitions:

Treasury Stock

Shares that were once part of the outstanding shares and have been bought back by the issuing company, reducing the amount of stock on the open market.

Common Stock

Equity shares that represent a form of corporate ownership, entitling the shareholder to a share of the company's success through dividends and or capital appreciation.

Stock Split

A corporate action that increases the number of shares in a company, reducing the price per share without changing the market capitalization.

Preferred Stock

A type of stock that gives holders preferential treatment over common stockholders regarding dividends and claims on assets in case of liquidation.