_____ unemployment involves layoffs during recessions.
A) Frictional
B) Structural
C) Cyclical
D) Seasonal

Name: _____ unemployment involves layoffs during recessions. A) Frictional B) Structural C) Cyclical D) Seasonal
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Question

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Cyclical unemployment occurs as a result of fluctuations in the business cycle, particularly during periods of recessions or economic downturns. It is characterized by layoffs and job losses as companies and businesses cut back production and reduce their workforce to save costs.

_____ Unemployment Involves Layoffs During Recessions