Which of the Following Offers an Example of Frictional Unemployment

question 159

Multiple Choice

Which of the following offers an example of frictional unemployment?

• A) The rise in unemployment for stable workers after the development of gasoline-powered automobiles and the resulting long-tern decline in horse-and-buggy transportation.
• B) The rise in unemployment among farm workers after harvest.
• C) Unemployment resulting from the business cycle.
• D) None of the above are correct.

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Definitions:

Accounting Rate of Return

This is a financial ratio used to estimate the profitability of an investment, calculated by dividing the average annual accounting profit by the initial investment cost.