Which of the Following Is an Example of Cyclical Unemployment

question 340

Multiple Choice

Which of the following is an example of cyclical unemployment?

• A)An autoworker is laid off because a recession has caused a decline in sales.
• B)A geologist is permanently laid off from an oil company because of a technological advance.
• C)A worker at a fast-food restaurant quits work and attends college.
• D)A real estate agent leaves a job in Texas and searches for a similar higher-paying job in California.

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Definitions:

Fertilize Local Ideas

The process of nurturing and developing innovative ideas within a local context to stimulate growth or solve community-specific issues.

Root Structure

The arrangement and system of roots in a plant, which provide support, store nutrients, and absorb water and minerals from the soil.

Innovator's Imperative

The necessity for creators and businesses to continuously innovate to stay competitive and relevant in their markets.

Corporate Incubators

Programs set up by large companies to nurture young firms and startups through providing resources, mentorship, and possibly capital, with the aim of driving innovation.