Jennifer Did Not Work During College

question 238

Multiple Choice

Jennifer did not work during college. She just obtained a bachelor's degree in marketing, and she is now looking for a marketing job in the retail industry. Jennifer is considered:

• A) structurally unemployed.
• B) frictionally unemployed.
• C) cyclically unemployed.
• D) not in the labor force.

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Definitions:

Bank Deposit

A bank deposit involves placing money into a banking institution for safekeeping, with the funds typically available for withdrawal at a later date.

Legal Relationship

A connection between entities or individuals that is recognized and governed by law, such as contracts, familial ties, or partnerships.

Legal Title

The formal right of ownership of property, recognized and protected by law.

Trust

A legal relationship in which a person who has legal title to property has the duty to hold it for the use or benefit of another person. The term is also used in a general sense to mean confidence reposed in one person by another.