Solved

When Does Cyclical Unemployment Arise

Question 46

Multiple Choice

When does cyclical unemployment arise?


A) when the agriculture sector completes the cycle of planting, cultivating, and harvesting the nation's food supply
B) when business activity in the macroeconomy declines
C) when the business cycle enters an expansionary phase
D) when labour unions strike for higher wages

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions