Which of the following describes cyclical unemployment?

Correct answer C. Unemployment that occurs during recessions and depressions

Explanation

Cyclical unemployment rises when the economy contracts and aggregate demand is weak, then falls in recoveries. Unemployment from normal job search or industrial decline is frictional or structural.

Report a problem

Answer checked How we write and check questions

Tip: press A, B, C or D to answer, and N for the next question.

Advertisement

Have a question about this answer?

Your email address will not be published. Required fields are marked *

Links and website addresses are not allowed in comments.