There is large scale of involuntary unemployment in the phase of business cycle.
A)expansion
B)peak
C)contraction
D)none of the above

Name: There is large scale of involuntary unemployment in the phase of business cycle. A)expansion B)peak C)contraction D)none of the above
Brand: Quizplus
Rating: 4.8 (43 reviews)

Question

Quizplus · Accepted Answer

Involuntary unemployment typically increases during the contraction phase of the business cycle, as businesses reduce production and lay off workers in response to decreased demand for goods and services.

There Is Large Scale of Involuntary Unemployment in the Phase