Since World War II,the Average Duration of Unemployment in the U.S

question 115

Multiple Choice

Since World War II,the average duration of unemployment in the U.S.

• A)increased
• B)decreased
• C)has shown no change
• D)decreased until 1972,then increased down to the present
• E)decreased until 1984,then increased down to the present

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Definitions:

Factoring

The financial transaction where a business sells its accounts receivable (invoices) to a third party (factor) at a discount, in order to raise immediate capital.

Note Maturity

Note maturity refers to the date on which a debt instrument, such as a bond or promissory note, reaches its due date and the principal is to be paid to investors.

Quarterly Interest

Interest calculated or paid every three months on loans, investments, or deposits.

Interest Rate

The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan balance.