Solved

Cyclical Unemployment Is Associated with

Question 2

Multiple Choice

Cyclical unemployment is associated with


A) people quitting their present jobs to look for other jobs.
B) people entering the labour force typically take some time to find a job.
C) changes to the economy's industrial structure resulting from growth in some industries and decline in others.
D) an output level different from the economy's potential output.
E) differences between the characteristics of the supply of labour and the demand for labour.

Correct Answer:

verifed

Verified

Related Questions