Suppose That the Number of Jobs for Engineers Expands by 10

question 18

Multiple Choice

Suppose that the number of jobs for engineers expands by 10 percent per year,the number of new engineers by 5 percent per year while the number of automobile mechanics grows by 8 percent and the number of new automobile mechanics jobs grows by 3 percent.We conclude that

• A)frictional unemployment will increase.
• B)frictional unemployment will decrease.
• C)structural unemployment will increase.
• D)structural unemployment will increase 4 times.

Learn strategies for tapping into the hidden job market.

Develop techniques to counteract age-related biases in job search.

Recognize the importance and techniques of follow-up after informational interviews.

Understand the types of questions to ask during an information interview to gain insights about day-to-day job roles.

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Definitions:

Alternate Dividend Policy

A strategy used by a company to vary its dividend payments to shareholders based on its earnings or investment opportunities.

Stock Dividend

A dividend payment made in the form of additional shares of the paying company's stock rather than cash.

Common Stock Account

An equity account that represents the ownership interest held by common shareholders in a corporation, including its value and dividends.

Capital in Excess of Par

The amount by which the proceeds from the issuance of shares exceed the par value of the shares issued; it's often referred to as additional paid-in capital.