Cyclical Unemployment Arises When

question 114

Multiple Choice

Cyclical unemployment arises when:

• A)​business activity in the macroeconomy declines.
• B)​the business cycle enters an expansionary phase.
• C)​labor unions strike for higher wages.
• D)​the agriculture sector completes the cycle of planting, cultivating, and harvesting the nation's food supply.

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Definitions:

Transaction Fee

A charge levied for processing a payment or financial transaction.

Shares

Units of ownership interest in a corporation or financial asset that provide for an equal distribution in any profits, if any are declared, in the form of dividends.

Rate of Yield

The percentage of return on an investment, calculated by dividing the income generated by the investment by the cost or current market value of the investment.

Stock Listing

The process of adding a company's shares to the available stocks that can be traded on a particular stock exchange.