Unemployment which is the result of a downturn in the business cycle is called __________
Unemployment.
A) frictional
B) structural
C) cyclical
D) voluntary

Question

Quizplus · Accepted Answer

Cyclical unemployment is directly related to the overall ups and downs in the economy or the business cycle. When the economy enters a recession, many jobs can be lost as demand for goods and services decreases, leading to cyclical unemployment.

Unemployment Which Is the Result of a Downturn in the Business