Lefrada, a Luxury Watchmaker, Stops Production for Three Months and Lays

question 111

Multiple Choice

Lefrada, a luxury watchmaker, stops production for three months and lays off 30 employees because of a sharp decline in its sales during the period of recession. In the given scenario, the laid off employees are facing _____.

• A) seasonal unemployment
• B) structural unemployment
• C) frictional unemployment
• D) cyclical unemployment

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