Ying's situation as a professional who just graduated from college makes him frictionally unemployed.
<h3>What is unemployment?</h3>
This refers to the state of not having a job, which can be the result of multiple factors. These differences in the cause of unemployment lead to different unemployment types.
<h3>What is frictional unemployment?</h3>
This is a natural type of unemployment that occurs because specific process take time. This includes:
- Unemployment when someone voluntarily leaves a job and changes to a new one.
- Unemployment of professionals who just graduated and are in the process of getting a job.
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The credit report refers to the record of the credit history of a person.
A credit report is simply referred to as a record of the repayment of the debt of a borrower. It shows the record of the credit history of a borrower from different sources.
In this case, the credit report will be used in determining if Carolina will be given the loan or not. In a situation whereby Carolina pays the loans that she had taken earlier on time, this can ensure that she'll be given another loan.
On the other hand, if Carolina doesn't pay back her loans in time, this can discourage the bank from given her the loan.
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Do you have to write a paragraph for each one
The GDP is $12 billion.
<h3>What is Velocity of circulation in Economics?</h3>
In Economics, Velocity of circulation refers to the circulation of the amount of the money during a given period of the time. The calculation of the velocity of circulation is done by dividing GDP by the country's total money supply.
The Gross domestic product (GDP) is the standard measurement of the total value of the goods and services produced in the country in the given period of time.
According to the question, Velocity of Circulation is 4 and quantity of money is $3 billion.The calculation of the GDP is as follows:-
Gross domestic product = 4×3 billions
= $ 12 billions
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The answer is <span>C.math, English, science, and social studies.</span>
