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Cyclical unemployment occurs (Multiple Choice Question)

nguyenduong67

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6 years ago

Cyclical unemployment occurs (Multiple Choice Question)

Cyclical unemployment occurs
A) because the government labels some people who aren't really in the labor force as unemployed.
B) with economic fluctuations; it increases during bad times and decreases during good times.
C) because of a mismatch between the jobs that are available in the economy and the skills of workers seeking jobs.
D) naturally during the normal workings of an economy, as people change jobs, move across the country, etc.

Textbook

Survey of Economics: Principles, Applications and Tools

Edition: 6^th

Authors: O'Sullivan, Sheffrin, Perez

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nguyenduong67 Author

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6 years ago

Brilliant ツ

larrybrads

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this is exactly what I needed

erimis

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