Unemployment Involving a Mismatch of the Skills of Unemployed Workers

question 282

Multiple Choice

Unemployment involving a mismatch of the skills of unemployed workers and the skills required for available jobs is called

• A) frictional unemployment.
• B) structural unemployment.
• C) cyclical unemployment.
• D) compositional unemployment.

---

Definitions:

Gross Margin Ratio

A financial metric that measures the percentage of sales revenue that exceeds the cost of goods sold, indicating the efficiency of sales and production.

Return on Common Stockholders' Equity

A measure of profitability that calculates how much profit a company generates with the money shareholders have invested.

Total Asset Turnover

A financial ratio that measures a company's ability to use its assets efficiently to generate sales revenue.

Inventory Turnover

A measure of how quickly a company sells its inventory within a specific period, indicating the efficiency of inventory management.