Which of the following scenarios best illustrates the concept of cyclical unemployment?
A)Grace loses her job because of new automated machinery.
B)Sean quits his job to look for work that is more fun.
C)Ellen quits looking for work because she doesn't think she can find a suitable job.
D)Marian loses her job because of a recession.

Question

Quizplus · Accepted Answer

Cyclical unemployment occurs due to fluctuations in the business cycle, primarily during downturns. Marian losing her job due to a recession exemplifies this type of unemployment. Grace losing her job to automation is an example of technological unemployment, Sean quitting his job voluntarily is an example of frictional unemployment, and Ellen giving up on her job search is an example of structural unemployment.

Which of the Following Scenarios Best Illustrates the Concept of Cyclical