Question

Cyclical unemployment is BEST described as unemployment arising from A) the elimination of jobs as a result of technological change. B) the temporary reduction of jobs during a downturn in the business cycle. C) an increase in the number of recent college graduates looking for their first job. D) a decrease in the jobs available due to more strict licensing requirements in certain industries.

Answer 1

B) the temporary reduction of jobs during a downturn in the business cycle

Step-by-step explanation:

Cyclical unemployment is B) the temporary reduction of jobs during a downturn in the business cycle. Unemolyoment reduces when there's a upturn in the economy.

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