Which of the Following Is an Example of a Worker

question 87

Multiple Choice

Which of the following is an example of a worker experiencing 'frictional unemployment'?

• A)A worker who quits his job at the post office to find more interesting work.
• B)A computer programmer who loses her job because it is outsourced to India.
• C)An employee who loses his job because the economy is suffering a recession.
• D)An airline pilot who loses her job because of lack of demand for air travel.

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Definitions:

Yield Rate

Yield rate represents the earnings generated and realized on an investment over a particular period, expressed as a percentage.

Compounded Semi-annually

Pertains to the process of adding interest to the principal sum of a loan or deposit on a twice-yearly basis, allowing the interest to also earn interest at these intervals.

Service Industries

Sectors of the economy that provide services rather than physical goods, such as healthcare, banking, and education.

Growth Rate

The rate at which a company's earnings, revenues, or other key metrics increase over a specified period.