Which of the following unemployment categories is most clearly related to the rate of growth in real GDP?

Question

Quizplus · Accepted Answer

Cyclical unemployment is directly related to the rate of growth in real GDP as it occurs when there is a downturn in the business cycle and demand for goods and services decreases, leading to layoffs and increased unemployment. As the economy grows and demand for goods and services increase, cyclical unemployment decreases.

Which of the Following Unemployment Categories Is Most Clearly Related