Cyclical Unemployment Results from

question 85

Multiple Choice

Cyclical unemployment results from

• A) a deficiency of spending on goods and services.
• B) the decreasing relative importance of goods and the increasing relative importance of services in the U.S. economy.
• C) the everyday dynamics of a free labor market, with workers voluntarily changing jobs.
• D) technological change.

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Definitions:

Definite Time

A specified period in contracts or agreements where certain actions or conditions must be met or take place.

Negotiation

The process of discussing and arriving at a mutual agreement between parties, often involving compromise or the making of concessions.

Holder

An individual or entity that possesses or controls a negotiable instrument, security, or other similar documents, legally recognized as entitled to the benefits of ownership.

Automated Signature

A computer-generated signature used to authenticate documents or transactions electronically.