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Maria lost her job because the economy is shrinking.What kind of example is stated above? A) frictional unemployment B) structural unemployment C) cyclical unemployment

Maria lost her job because the economy is shrinking.What kind of example is stated above? A) frictional unemployment B) structural unemployment C) cyclical unemployment
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Maria lost her job because the economy is shrinking.What kind of example is stated above?

A) frictional unemployment
B) structural unemployment
C) cyclical unemployment

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User MichalMoskala
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Answer: option C) cyclical unemployment.

An economical cycle includes shrinking and expansion. During shrinking the unemployment increases. Then this lost of job obeys to a state of cyclical unemployment.
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User Fabrizotus
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