A Mismatch Between the Geographic Location of Workers and the Location

question 203

Multiple Choice

A mismatch between the geographic location of workers and the location of job openings would result in which type of unemployment?

• A) wait
• B) cyclical
• C) frictional
• D) structural

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Definitions:

Current Yield

The annual income (interest or dividends) divided by the current price of the security, typically used in reference to bonds.

Coupon Payment

A periodic interest payment to bondholders, typically paid semi-annually.

Priced

The process of determining the value of a financial instrument or asset, often based on market conditions and perceived value.

Par Value

Par value is the nominal or face value of a bond, share of stock, or coupon as indicated on a bond or stock certificate. It is a static value, unlike market value which can fluctuate.