Unemployment that results from business recessions that occur when aggregate demand is insufficient to create full employment is
A) frictional unemployment.
B) structural unemployment.
C) cyclical unemployment.
D) seasonal unemployment.

Question

Quizplus · Accepted Answer

Cyclical unemployment results from a downturn in the economy or a business cycle contraction, leading to a decrease in aggregate demand and insufficient job opportunities.

Unemployment That Results from Business Recessions That Occur When Aggregate