Match the Definition to the Correct Term

question 91

Multiple Choice

Match the definition to the correct term
-Occurs when the skills of the unemployed workers don't fit the needs of employers or when the unemployed workers don't live in the areas where jobs are located

• A)Underemployed
• B)Contingent work
• C)Teleworking/telecommuting
• D)Primary labor market
• E)Secondary labor market
• F)Seasonal unemployment
• G)Cyclical unemployment
• H)Structural unemployment

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Definitions:

Commercial Banks

Depository institutions that historically made short-term loans primarily to businesses.

Loans

Borrowed sums of money that need to be repaid with interest over a predetermined period.

Depository Institution

A financial institution that accepts deposits from the public and provides credit facilities.

Credit Union

A member-owned financial cooperative that is created and operated by its members and provides credit at competitive rates as well as other financial services to its members.