Bob's Assembly Line Job Has Been Replaced by Robots, and Bob

question 315

Multiple Choice

Bob's assembly line job has been replaced by robots, and Bob lacks abilities and skills required to attain other jobs. He is considered

• A)structurally unemployed.
• B)frictionally unemployed.
• C)seasonally unemployed.
• D)a discouraged worker.

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Definitions:

EBIT

Earnings Before Interest and Taxes, a measure of a firm's profitability that excludes interest and income tax expenses.

EBIT

A profitability metric that calculates a company's profits excluding interest and income tax expenses.

Degree of Financial Leverage

A ratio indicating the degree to which a company uses borrowed funds to finance its operations, affecting potential returns and risk.

EPS

Earnings per share, a key indicator that calculates the portion of a company's profit allocated to each outstanding share of common stock.