What is the term for the portion of unemployment that is attributable to an overall decline in the economy's business activity?
A)frictional unemployment
B)cyclical unemployment
C)underemployment
D)structural unemployment

Question

Quizplus · Accepted Answer

Cyclical unemployment refers to the portion of unemployment that is caused by a downturn in the business cycle, resulting in decreased demand for labor and job losses. This type of unemployment is directly related to the overall performance of the economy and tends to rise during recessions or depressions.

What Is the Term for the Portion of Unemployment That