Solved

An Example of a Cyclically Unemployed Individual Is

Question 32

Multiple Choice

An example of a cyclically unemployed individual is


A) Charles, who lost his job as a real estate salesperson when the housing market declined.
B) Alice, who quit her job to enter college.
C) Mary, who lost her job in the textile industry following a decrease in the tariff on textiles.
D) Bob, who lost his job in an oil production company after a surge in global oil supply led to falling oil prices.

Correct Answer:

verifed

Verified

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

Related Questions