Unemployment caused by economic decline or recession is called

A) frictional unemployment.
B) cyclical unemployment.
C) natural unemployment.
D) necessary unemployment.
E) structural unemployment.

Question

Unemployment caused by economic decline or recession is calledA) frictional unemployment.B) cyclical unemployment.C) natural unemployment.D) necessary unemployment.E) structural unemployment.

Michelle Baker · Accepted Answer

Final Answer : B, Explanation :  Cyclical unemployment is caused by downturns in the business cycle, often due to economic decline or recession. This type of unemployment is typically temporary and decreases as the economy improves.

Unemployment caused by economic decline or recession is called

A) frictional unemployment.
B) cyclical unemployment.
C) natural unemployment.
D) necessary unemployment.
E) structural unemployment.

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