The rise in unemployment that occurs because of a recession is known as cyclical unemployment, because it is closely tied to the ______________. Question options: a) labor supply b) natural rate of unemployment c) supply curve d) business cycle The type of unemployment that occurs because of a recession is called: Question options: a) the natural rate of unemployment. b) cyclical unemployment. c) frictional unemployment. d) seasonal unemployment.
The rise in unemployment that occurs because of a recession is known as cyclical unemployment, because it is closely tied to the ______________. Question options: a) labor supply b) natural rate of unemployment c) supply curve d) business cycle The type of unemployment that occurs because of a recession is called: Question options: a) the natural rate of unemployment. b) cyclical unemployment. c) frictional unemployment. d) seasonal unemployment.
Chapter18: Introduction To Macroeconomics: Unemployment, Inflation, And Economic Fluctuations
Section: Chapter Questions
Problem 7P
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Question
The rise in
Question options:
a) labor supply
b) natural rate of unemployment
c) supply curve
d) business cycle
The type of unemployment that occurs because of a recession is called:
Question options:
a) the natural rate of unemployment.
b) cyclical unemployment.
c) frictional unemployment.
d) seasonal unemployment.
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