In december, juliet had a job of wrapping gifts for a department store. but after the holidays were over, the store no longer needed juliet to do this work. now, juliet is unemployed. this type of unemployment is an example of cyclical unemployment seasonal unemployment frictional unemployment

Which of the following statements is correct? stockholders should generally be happier than bondholders to have managers invest in risky projects with high potential returns as opposed to safe projects with lower expected returns. potential conflicts between stockholders and bondholders are increased if a firm's bonds are convertible into its common stock. takeovers are most likely to be attempted if the target firm’s stock price is above its intrinsic value. one advantage of operating a business as a corporation is that stockholders can deduct their pro rata share of the taxes the firm pays, thereby eliminating the double taxation investors would face in a partnership.