Structural Unemployment Is

question 85

Multiple Choice

Structural unemployment is

• A) due to the fact that workers must search for appropriate job offers.
• B) a result of a poor match of worker's abilities and skills with current requirements of employers.
• C) a result of business recessions that occur when aggregate demand is insufficient to create full employment.
• D) a result of the seasonal pattern of work in specific industries.

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Definitions:

Equivalent Interest

An interest rate or yield that makes two financial instruments with different payment structures equally valuable.

Nearest 0.01%

A method of rounding numbers to the closest hundredth of a percent.

Coffee Fund

Informally refers to a pool of money collected for buying coffee or sometimes used as a casual fund for small group expenses.

Allocated

Distributed or assigned for a specific purpose or to a particular person.