It Is Difficult for Cyclically Unemployed Individuals to Find Jobs

question 31

Multiple Choice

It is difficult for cyclically unemployed individuals to find jobs because:

• A) they do not meet the qualifications required for the available jobs.
• B) the economy is in a recession.
• C) they quit their last job and employers view them with suspicion.
• D) they have not looked long enough to find a job.

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Definitions:

CCA Class

In Canadian taxation, Capital Cost Allowance (CCA) Class refers to categories of assets that are subject to different rates of depreciation for tax purposes.

Incremental Cash Flow

The extra cash flow from operations that a company gets by starting a new project.

Tax Rate

This represents the percentage at which an individual or corporation is taxed by the government.

Straight-Line Depreciation

Straight-line depreciation is a method of allocating the cost of a tangible asset over its useful life in equal annual installments.