John Is Experiencing ________ Unemployment Because He Is Out of Work

question 32

Multiple Choice

John is experiencing ________ unemployment because he is out of work temporarily while looking for a new job, while Sally is experiencing ________ unemployment because she is out work because of a downturn in the business cycle.

• A) seasonal; structural
• B) structural; seasonal
• C) frictional; cyclical
• D) cyclical; frictional
• E) seasonal; cyclical

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Definitions:

Book Set-Ups

The initial steps or arrangements required to prepare books for financial accounting or publishing.

Wages And Salaries

Payments made to employees for their labor, comprised of regular salaries and hourly wages.

Spending Variance

The difference between the actual amount of money spent and the budgeted amount for various categories.

Press Runs

The total number of units produced in one setup or operation of a press machine.