Unemployment caused by the fluctuation of the business cycle is called __________unemployment.
A) frictional
B) structural
C) cyclical
D) recession-related

Question

Quizplus · Accepted Answer

Cyclical unemployment is caused by the ups and downs of the business cycle, as companies may reduce their hiring or lay off workers during times of economic downturns. Frictional unemployment is when workers are temporarily between jobs, while structural unemployment refers to a mismatch between the skills of workers and the available jobs in the market. "Recession-related" is not a commonly used term for a specific type of unemployment.

Unemployment Caused by the Fluctuation of the Business Cycle Is