A Person Quits Her Job in Order to Spend Time

question 400

Multiple Choice

A person quits her job in order to spend time looking for a better paying job. This is an example of

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

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Definitions:

Repossession Services

Businesses that specialize in reclaiming property on behalf of creditors when borrowers default on their loans.

Buying Process

The series of steps a consumer goes through before purchasing a product or service, from recognizing a need to making the purchase decision.

Buying Center

A group of individuals within an organization who are involved in the process of evaluating and making purchase decisions.

Buying Center

A collection of people in an organization involved in the process of deciding to buy products or services.