Which of the following is true of seasonal unemployment?
A)It is not considered a legitimate type of employment.
B)It is reflected in the GDP gap.
C)It is always present, even in a healthy economy.
D)It causes the natural rate of unemployment to rise.
E)It inflates potential GDP.

Question

Quizplus · Accepted Answer

Seasonal unemployment is a normal part of the economy and occurs due to seasonal patterns in certain industries, such as agriculture or tourism. It is always present, even in a healthy economy.

Which of the Following Is True of Seasonal Unemployment