When Workers Voluntarily Quit a Job or Decline a Job

question 28

Multiple Choice

When workers voluntarily quit a job or decline a job offer so they can search for a better one,the resulting unemployment is called

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

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Definitions:

Predetermined Overhead

An estimated rate used to allocate manufacturing overhead costs to individual units of production based on a specific activity base.