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

Question

Quizplus · Accepted Answer

Unemployment that is the result of recessions is called cyclical unemployment, as it is due to fluctuations in the business cycle. Frictional unemployment arises due to the time taken by workers to find a suitable job, while structural unemployment is due to changes in the structure of the labor market, such as shifts in demand for certain skills or industries. Downtime unemployment is not a recognized term in economics.

Unemployment That Is the Result of Recessions Is Called