What type of unemployment can increase or decrease dramatically in a few months?

Question

Quizplus · Accepted Answer

Cyclical unemployment is directly related to the business cycle and can increase or decrease dramatically in a few months as the economy enters a recession or recovers from it. Frictional and structural unemployment are more long-term and are not as impacted by short-term economic fluctuations. Therefore, the correct answer is C - cyclical unemployment.

What Type of Unemployment Can Increase or Decrease Dramatically in a Few