Frictional Unemployment ________

question 28

Multiple Choice

Frictional unemployment ________.

• A)includes discouraged workers
• B)is voluntary part-time unemployment
• C)includes workers who have lost their jobs due to an economic downturn
• D)is unemployment associated with normal labour turnover
• E)occurs when changes in technology change the skills needed to perform jobs

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Definitions:

Annuity

A series of equal dollar amounts to be paid or received at evenly spaced time intervals (periodically).

Compounded Quarterly

Interest calculation on an investment or loan that is applied four times a year.

Amortized

The process of paying off a debt over time through regular payments, where part of each payment is applied to the principal amount and part to interest.

Equal Payments

Payments of the same amount made periodically over a certain period of time, often seen in loans or annuities.