When the economy goes into a recession,there's an increase in
A)frictional unemployment.
B)structural unemployment.
C)cyclical unemployment.
D)voluntary unemployment.

Question

Quizplus · Accepted Answer

During a recession, there is a decrease in demand for goods and services, leading to lower production levels, which results in layoffs and job losses. As a result, cyclical unemployment (unemployment caused by economic downturns) increases. Frictional unemployment is caused by individuals moving between jobs, and structural unemployment is caused by a mismatch between the skills of job seekers and the available jobs. Voluntary unemployment refers to individuals who choose not to work.

When the Economy Goes into a Recession,there's an Increase in