The unemployment resulting from workers laid off due to an economic contraction or a recession would be classified as:
A)frictional unemployment.
B)structural unemployment.
C)cyclical unemployment.
D)natural unemployment.

Question

Quizplus · Accepted Answer

Unemployment resulting from a contraction or recession is known as cyclical unemployment. It is caused by a decrease in economic activity that leads to a reduction in demand for labor. This type of unemployment is considered involuntary and is usually temporary.

The Unemployment Resulting from Workers Laid Off Due to an Economic