Multiple Choice
Which is true regarding cyclical unemployment?
I.Cyclical unemployment is positive at business cycle peaks.
Ii.Cyclical unemployment is negative at business cycle troughs.
Iii.Cyclical unemployment is zero at full employment.
A) iii only
B) i,ii and iii
C) i and iii
D) i only
E) i and ii
Correct Answer:
Verified
Correct Answer:
Verified
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