Cyclical unemployment is the result of
A) technological change or foreign competition.
B) normal labor market turnover.
C) the business cycle.
D) irresponsible workers with poor work habits.

Question

Quizplus · Accepted Answer

Cyclical unemployment is directly related to the phases of the business cycle, such as recessions and expansions. It increases during economic downturns and decreases when the economy improves.

Cyclical Unemployment Is the Result of