An Example of Cyclical Unemployment Is A(n)

question 21

Multiple Choice

An example of cyclical unemployment is a(n) :

• A) textile worker permanently laid off due to job lost to imports.
• B) autoworker who is temporarily laid off due to a decline in demand for cars.
• C) engineer permanently laid off due to advances in technology.
• D) computer programmer who leaves one job and accepts a new job.

---

Definitions:

Inventory

A company's merchandise, raw materials, and finished and unfinished products which have not yet been sold.

Analytical Techniques

A broad range of methods and tools used to evaluate and interpret data for decision-making and problem-solving purposes.

NPV

Net Present Value (NPV) is a financial metric used to evaluate the profitability of an investment or project, calculated by summing the present values of incoming and outgoing cash flows.

Cost of Capital

The rate of return that a company must pay on its investments to satisfy its shareholders or debt-holders.