________ unemployment measures permanent unemployment associated with massive industry-wide changes that lead to complete elimination of the positions formerly held

A) Seasonal
B) Frictional
C) Structural
D) Cyclical
E) Circumstantial

C
Explanation: C) Structural unemployment measures permanent unemployment associated when an industry changes in such a way that jobs are terminated completely. For instance, many steel workers and miners lost their jobs when there was a decline in those industries. Likewise, robots have replaced many automobile workers, and computers have replaced many newspaper typesetters.

Business

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Ashley purchased a stock at a price of $27 a share. She received quarterly dividends of $0.75 per share. After one year, Ashley sold the stock at a price of $29.25 a share. What is her percentage holding period return on this investment?

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