Cyclical unemployment is the result of
A) technological change or foreign competition.
B) normal labor market turnover.
C) irresponsible workers with poor work habits.
D) the business cycle.

Question

Quizplus · Accepted Answer

Cyclical unemployment is caused by changes in the business cycle, which result in economic downturns and contractions in economic activity. When businesses are not selling as much, they often cut jobs to save money, leading to higher levels of unemployment.

Cyclical Unemployment Is the Result of