Cyclical unemployment is
A) the difference between the unemployment rate when the economy is in a recession and the unemployment rate when the economy is at the peak of an expansion.
B) the difference between the actual unemployment rate and the natural rate of unemployment.
C) the unemployment due to union activities and government-imposed restrictions to entry into specific occupations.
D) the unemployment due to the unemployment benefits and welfare programs of the government.

Question

Quizplus · Accepted Answer

Cyclical unemployment is the difference between the actual unemployment rate and the natural rate of unemployment, reflecting the unemployment caused by economic downturns or recessions.

Cyclical Unemployment Is