Cyclical Unemployment

question 61

Multiple Choice

Cyclical unemployment

• A) arises from recessions.
• B) is due to changes in the structure of the economy.
• C) arises from the time it takes employers to find appropriate employees.
• D) is due to seasonal changes.

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Definitions:

Overdraft

refers to a situation where an account balance goes below zero because more money has been withdrawn from the account than was available.

Article 4

Typically refers to a specific section within a constitution, treaty, or document that outlines particular rights, responsibilities, or regulations.

Postdated Checks

Checks written with a date in the future, indicating that the check should not be processed until that date.

Drawee Bank

The financial institution upon which a check is drawn, responsible for paying the amount specified when the check is presented.