What Is Most Likely to Cause Frictional Unemployment

question 34

Multiple Choice

What is most likely to cause frictional unemployment?

• A) workers leaving the labour force
• B) an economy in recession
• C) an increase in population
• D) changes in the composition of demand among industries or regions

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Definitions:

Sales Journal

A specialized accounting journal that records all credit sales transactions of a business.

Subsidiary Ledger

A detailed ledger used to track individual transactions related to a specific account, complementing the general ledger.

General Ledger

The primary accounting record of all financial transactions of a company, organized by accounts, used to prepare financial statements.

Owner Withdraws

Transactions where the owner of a sole proprietorship takes out cash or other assets from the business for personal use.