Cyclical Unemployment

question 179

Multiple Choice

Cyclical unemployment

• A)is always a constant amount of unemployment.
• B)is higher during an expansion.
• C)decreases during a recession.
• D)fluctuates over the business cycle.
• E)fluctuates but not in response to the business cycle.

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Definitions:

Indorsement

The act of signing the back of a negotiable instrument, such as a check, thus transferring the rights to another party.

Indorsee

A person or entity to whom the rights under a negotiable instrument, such as a check or promissory note, have been legally transferred.

Enforce

To compel observance of or compliance with a law, rule, or obligation.

Negotiable Promissory Note

A financial document that contains a written promise to pay a specified sum of money to a named person or bearer under certain terms.