Which of the Following Is True of Cyclical Unemployment

question 51

Multiple Choice

Which of the following is true of cyclical unemployment?

• A) It occurs even when an economy is producing at a point on its production possibilities frontier.
• B) It occurs only during a recession.
• C) It tends to occur when an economy experiences inflation.
• D) It is a part of the natural rate of unemployment in an economy.

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Definitions:

Organic Solid

A solid material composed of organic compounds, which consist of carbon atoms bonded together in chains or rings.

Oxygen Balance

Oxygen balance is a concept in chemistry, particularly in the analysis of explosive materials, referring to the ratio between the oxygen available and required for complete oxidation of the combustible components of a compound.

Kinetic-Molecular Theory

The kinetic-molecular theory explains the behavior of gases, including their volume, temperature, and pressure, based on the idea that gases consist of small particles in random motion.

Boyle's Law

Boyle's Law is a gas law stating that the pressure of a given mass of an ideal gas is inversely proportional to its volume at a constant temperature.