Unemployment that is the result of recessions is called
A) downtime unemployment.
B) cyclical unemployment.
C) structural unemployment.
D) frictional unemployment.

Question

Quizplus · Accepted Answer

Cyclical unemployment is the result of economic downturns or recessions, where businesses have to lay off workers due to decreased demand for goods and services. This type of unemployment is closely tied to the business cycle and can fluctuate from low to high depending on the economic climate.

Unemployment That Is the Result of Recessions Is Called