A Cutback in the Space Program Due to a Slow

question 203

Multiple Choice

A cutback in the space program due to a slow economy causes an increase in unemployment among aeronautical engineers. This is an example of

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

---

Definitions:

Dividend Growth Rate

The annualized percentage rate of growth of a company's dividends paid to shareholders, projected into the future.

Equity Financing

Raising capital through the sale of shares in a company.

Tax Rate

The proportion of taxable income that an entity is legally required to remit to the government, with different rates applied to different levels of income or different types of entities.

Subjective Approach

A method or perspective that is based on or influenced by personal feelings, tastes, or opinions, rather than external facts or evidence.