The Term Frictional Unemployment Refers to Persons Who Are Out

question 202

Multiple Choice

The term frictional unemployment refers to persons who are out of work

• A)due to technological change.
• B)due to strikes or lockouts.
• C)and have given up looking for work.
• D)because they are between jobs.

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Definitions:

Insurance

A financial product sold by insurance companies to safeguard against the risk of financial loss, covering various aspects such as health, property, and liability.

Check Register

A record of checks written, deposits made, and balances in a checking account, helping track financial transactions.

Company Deposits

The act of placing funds into a business account or the records of such transactions, often reflected in financial statements.

Delete Check

The action of removing or canceling a check entry from the accounting records, typically because of error or cancellation.