According to Keynes,cyclical unemployment is caused by too
A)Much aggregate demand.
B)Little aggregate demand.
C)Much aggregate supply.
D)Little aggregate supply.

Question

Quizplus · Accepted Answer

Cyclical unemployment is caused by insufficient demand in the economy, leading to a decrease in production and consequently causing businesses to lay off workers. This results in individuals being without jobs and looking for new opportunities, leading to an increase in unemployment. Therefore, the correct answer is B) Little aggregate demand.

According to Keynes,cyclical Unemployment Is Caused by Too