What Do Economists Call the Short-Term Unemployment Arising from the Process

question 45

Multiple Choice

What do economists call the short-term unemployment arising from the process of matching workers with jobs?

• A)cyclical unemployment
• B)structural unemployment
• C)frictional unemployment
• D)seasonal unemployment

Recognize the role of government and central bank policies in influencing exchange rates.

Understand how economic indicators and performances affect exchange rates.

Interpret the balance of trade and its impact on the financial account and national economy.

Understand the components and importance of a nation's central bank official reserves.

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Definitions:

Operating Income

A company's profit after subtracting operating expenses, such as wages and cost of goods sold, from its gross revenue.

Return on Investments

A measure of the profitability of an investment, calculated by dividing the net profit from the investment by the total amount invested.

Budget Performance Report

A financial report comparing the actual financial activity to the forecasted or budgeted financial performance.

Variances

Differences between planned or expected financial performance and the actual performance.