Cyclical Unemployment Can Occur

question 108

Multiple Choice

Cyclical unemployment can occur:

• A) when the demand for certain goods and services depends on the current stage of the business cycle.
• B) when the demand for certain goods and services depends on the workers' skill levels.
• C) when the demand for certain goods and services has declined due to the recession.
• D) when the demand for certain goods and services declines over time.

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Definitions:

Nuts

Edible seeds or fruits with a hard shell, often used as a source of food or oil.

Berries

Small, pulpy fruits typically containing several seeds, enjoyed both fresh and in a variety of prepared foods.

Min Function

In mathematics, a function that identifies the smallest value in a set of numbers.

Income

Represents the money received, especially on a regular basis, for work or through investments.