Which of the Following Statements Is Correct

question 85

Multiple Choice

Which of the following statements is correct?

• A)Frictional unemployment is the result of friction between labor and management over how best to perform work.
• B)Structural unemployment is unemployment resulting from changes in the structure of consumer demand or technology.
• C)Cyclical unemployment is also called wait unemployment because this unemployment depends on the timing of the business cycle.
• D)Search unemployment is the broadest unemployment category because it covers all other types of unemployment.

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Definitions:

Institutional Advertisements

Advertisements designed to build goodwill or an image for an organization rather than promote a specific product or service.

Goodwill

An intangible asset that represents the value of a company’s brand name, customer relationships, employee relations, and other factors not physical in nature.

Image

The perception or representation of someone or something as reflected through media, design, or public opinion.

Comparative Advertising

A marketing strategy where a brand compares its products or services directly with those of competitors in order to highlight its advantages.