Unemployment caused by the fluctuation of the business cycle is called ________ unemployment
A) structural
B) recession-related
C) frictional
D) cyclical
D
Economics
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Most U.S. financial crises have started during periods of ________ either after the start of a recession, a stock market crash, or the failure of a major financial institution
A) high uncertainty B) low interest rates C) low asset prices D) high financial regulation
Economics
Cross elasticity tells a manager that the product they produce is
A) a countercyclical good. B) a cyclical good. C) a luxury. D) a substitute or complement to other goods.
Economics