Unemployment Occurs _____

question 159

Multiple Choice

Unemployment occurs _____

• A) when skilled workers are employed in low-skill jobs.
• B) when workers who are willing and able to work cannot find a job.
• C) when workers drop out of the labor force in frustration.
• D) only when a country adopts an export-promotion strategy.
• E) only when a country adopts an import-substitution strategy.

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Definitions:

Footnotes

Additional information provided in financial statements to clarify figures or add context for readers.

Cost Method

A valuation approach in accounting that assigns the initial purchase price to inventories or investments.

Treasury Stock

Shares of a company's own stock that it has reacquired from shareholders, but not retired, and are available for reissuance or other corporate uses.

Reacquire

The act of obtaining back or regaining ownership of securities or assets previously sold or issued.