Because of a Bank Merger, Ms

question 270

Multiple Choice

Because of a bank merger, Ms. Davis lost her position as Vice President and had to seek work with other banks. Ms. Davis has the skills necessary to find a new job, thus she is best considered as

• A) frictionally unemployed.
• B) cyclically unemployed.
• C) structurally unemployed.
• D) naturally unemployed.

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Definitions:

Sweden

A Nordic country in Northern Europe, known for its high standard of living, well-developed welfare states, and neutral foreign policy stance.

Boats

Watercraft of various sizes and types that are used for transportation, recreation, or as a dwelling.

Absolute Advantage

The ability of a country, individual, or company to produce a good or service more efficiently than competitors using the same amount of resources.

Portugal

A country located in southwestern Europe on the Iberian Peninsula, known for its rich history, cultural heritage, and maritime discoveries.