Please Refer to the Equity Section of the Balance Sheet

question 145

Multiple Choice

Please refer to the equity section of the balance sheet shown below:

The amount shown for Retained earnings would be called a(n) :

• A) net loss.
• B) earnings shortfall.
• C) retained earnings deficit.
• D) loss on sale of stock.

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Definitions:

Structural Unemployment

Unemployment that results because the number of jobs available in some labor markets is insufficient to provide a job for everyone who wants one.

U-5 Measure

The U-5 Measure is a broader definition of unemployment than the standard, including not only those actively seeking work but also discouraged workers and others marginally attached to the labor force.

Marginally Attached Workers

Individuals who are not in the labor force but want and are available to work, and have looked for a job sometime in the past 12 months but not in the four weeks preceding the survey.

Spells Of Unemployment

Periods of time during which an individual is unemployed but actively seeking work.