Cyclical unemployment is caused by
A) technological change.
B) changes in an economy's overall condition.
C) a dynamic economy in which people want to switch jobs sometimes.
D) predictable shifts in production associated with different seasons.

Question

Quizplus · Accepted Answer

Cyclical unemployment is directly related to the macroeconomic situation in an economy. It occurs due to downturns or recessions in the economy, leading to a general decrease in demand for goods and services, which in turn causes businesses to reduce their workforce.

Cyclical Unemployment Is Caused by