An Individual Is Structurally Unemployed If

question 147

Multiple Choice

An individual is structurally unemployed if

• A) there is a recession and the individual is laid off.
• B) the individual wants to work just during certain months of the year.
• C) the individual quits a job in order to search for a better one.
• D) the individual lacks marketable job skills because technology has changed.

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Definitions:

Consolidation Accounting

A method of accounting in which the financial statements of a parent company and its subsidiaries are combined to present a single economic entity.

Common Stock

A type of equity security that represents ownership in a corporation, with rights to vote and share in profits through dividends.

Voting Stock

Shares of a company that grant the holder the right to vote on company matters, such as electing the board of directors.

Equity Method

An accounting technique used when a company invests in another company and exercises significant influence over it, adjusting the value of the investment based on the investee's performance.