Explain What Type of Unemployment Changes with the Business Cycle

question 61

Essay

Explain what type of unemployment changes with the business cycle and how it changes.

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Definitions:

Relative Frequency Distribution

A relative frequency distribution is a type of frequency distribution that shows the proportion or percentage of observations within each category or interval.

Histogram Form

A graphical representation showing a visual impression of the distribution of data, using bars of different heights.

Frequency Histogram

A graphical representation of data that shows the number of observations within specified intervals.

Relative Frequency Histogram

A type of histogram that displays the relative frequencies, which are the proportions or percentages, of data points in consecutive intervals.