The Primary Factor Leading to Cyclical Unemployment Is When

question 236

Multiple Choice

The primary factor leading to cyclical unemployment is when

• A) businesses often discriminate in their hiring practices on the basis of age, sex, and race.
• B) the level of overall economic activity fluctuates.
• C) workers quit their jobs in order to look for higher paying employment.
• D) some workers do not have marketable job skills.

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Definitions:

Equity Method

The equity method is an accounting technique used to record investments in associate companies where the investor has significant influence but not full control.

Common Stock

A type of equity security that represents ownership in a corporation, with holders having a claim on the company's assets and earnings.

Net Income

The total earnings of a company after subtracting all expenses from its total revenues.

Equity Method

An accounting technique used to record investments in associate companies, where the investment is initially recorded at cost and adjusted thereafter for the post-acquisition change in the investor’s share of the associate’s net assets.