Cyclical Unemployment Is Caused by

question 37

Multiple Choice

Cyclical unemployment is caused by

• A)frictional and structural unemployment
• B)frictional but not structural unemployment
• C)structural but not frictional unemployment
• D)neither frictional nor structural unemployment

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Definitions:

Macroeconomics

The branch of economics that is concerned with the overall ups and downs in the economy.

Computer Engineers

Professionals who design, develop, and test computer systems and components such as processors, circuit boards, memory devices, and networks.

Services Society

A society where the economy is significantly driven by the provision of services rather than the production of goods.

Freshwater

Refers to water bodies like lakes, rivers, and ponds that have low salt concentrations compared to seawater.