Juanita Earned a B

question 2

Multiple Choice

Juanita earned a B.S.in engineering and went to work for a defense contractor.When the government cut spending,Juanita and 99 others were laid off.The only other business in the town is growing grapes,but the growers refuse to hire laid-off engineers,knowing they will leave at the first opportunity.The unemployment Juanita is experiencing is

• A)cyclical
• B)structural
• C)seasonal
• D)frictional
• E)voluntary

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Definitions:

Passengers

Individuals who are being transported from one place to another in a vehicle, aircraft, or vessel, usually for a fare.

Plane Operating Costs

Expenses associated with operating an aircraft, which include fuel, maintenance, crew salaries, and landing fees among others.

Tenant-Days

A metric that represents the total number of days that all units in a property were occupied over a specific period.

Revenue Variance

The difference between actual revenue and budgeted or expected revenue.