Unemployment that occurs when there is deficient demand for the goods and services of an economy is called
A)frictional unemployment.
B)cyclical unemployment.
C)structural unemployment.
D)natural unemployment.

Question

Quizplus · Accepted Answer

Cyclical unemployment occurs when there is a decline in aggregate demand, leading to a decrease in production and employment.

Unemployment That Occurs When There Is Deficient Demand for the Goods