If the Official Unemployment Rate Increases from December to January

question 14

Multiple Choice

If the official unemployment rate increases from December to January because the Christmas season is over,we can conclude that _____ is responsible for the increase.

• A)seasonal unemployment
• B)cyclical unemployment
• C)structural unemployment
• D)frictional unemployment
• E)underemployment

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Definitions:

Selling Expenses

Costs incurred directly from the selling of products or services, such as advertising and sales commissions.

Merchandising Income

The profit generated from buying and selling goods.

Net Revenue

Refers to the total amount of sales a company generates after subtracting direct returns, allowances, and discounts.

Plant and Equipment

Plant and equipment are tangible assets used in the production or supply of goods and services, such as machinery, vehicles, and buildings, necessary for business operations.