Cyclical unemployment:
A) occurs when people are between jobs.
B) is a lack of good matches between available jobs and skills.
C) is the normal unemployment around which the actual unemployment rate fluctuates.
D) is the deviation from the natural rate in the actual rate of unemployment.

Question

Quizplus · Accepted Answer

Cyclical unemployment is the deviation of the actual unemployment rate from the natural rate, typically caused by economic downturns or recessions.

Cyclical Unemployment