In which of the following industries are workers least likely to suffer from cyclical unemployment?
A)new home construction
B)automobile manufacturing
C)carpet installation
D)education
E)tourism

Question

Quizplus · Accepted Answer

Education is the least likely industry to suffer from cyclical unemployment because there is a constant demand for education regardless of the state of the economy. Other industries such as new home construction, automobile manufacturing, carpet installation, and tourism can be affected by changes in consumer spending and economic conditions, leading to higher levels of cyclical unemployment.

In Which of the Following Industries Are Workers Least Likely