Net property,plant and equipment are reported on the balance sheet at

A) current market value.
B) historical cost.
C) historical cost minus accumulated depreciation.
D) net realizable value.

The best example of a frictionally unemployed worker is one who:

A) has been looking for work for 27 weeks or longer.
B) is laid off during a recessionary period in the economy.
C) is in the process of voluntarily switching jobs.
D) is discouraged and not actively seeking work.
E) cannot find a job that matches with his skills.