Unemployment that is the result of recessions is called
A) frictional unemployment.
B) cyclical unemployment.
C) downtime unemployment.
D) structural unemployment.
B
Economics
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An increase in the level of real GDP in the economy leads to
A) a leftward shift in the demand for money curve. B) a rightward shift in the demand for money curve. C) a leftward movement along the demand for money curve. D) a rightward movement along the demand for money curve.
Economics
Empirical evidence suggests that, when unemployment benefits run out, the probability that an unemployed person will find a job
A) remains constant. B) goes down by 20 percent. C) about doubles. D) about triples.
Economics