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Which Is True Regarding Cyclical Unemployment

question 275

Multiple Choice

Which is true regarding cyclical unemployment?
I.Cyclical unemployment is positive at business cycle peaks.
Ii.Cyclical unemployment is negative at business cycle troughs.
Iii.Cyclical unemployment is zero at full employment.

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Definitions:

Days

A unit of time measurement that typically represents a 24-hour period.

Loan

Funds lent with the anticipation of repayment plus an additional amount known as interest.

Interest

The fee for lending money, usually shown as a yearly percentage of the main sum.

Months

Units of time corresponding roughly to one cycle of the moon's phases, typically used to measure periods within a year.

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