Cyclical unemployment is caused by
A)people entering the labor force to search for jobs.
B)technological progress, which causes some industries to expand employment and others to reduce employment.
C)reducing international trade barriers, which causes some industries to expand employment and others to reduce employment.
D)business cycle fluctuations.

Question

Quizplus · Accepted Answer

Cyclical unemployment is caused by business cycle fluctuations, which can lead to periods of economic expansion and contraction. During periods of contraction, businesses may lay off workers or reduce hiring, leading to unemployment.

Cyclical Unemployment Is Caused by