Cyclical unemployment is the: portion of unemployment that is due to the normal working of the labor market. unemployment that results when people become discouraged about their chances of finding a job so they stop looking for work. portion of unemployment that is due to changes in the structure of the economy that result in a significant loss of jobs in certain industries. unemployment that occurs during recessions and depressions.

Cyclical unemployment is the: portion of unemployment that is due to the normal working of the labor market. unemployment that results when people become discouraged about their chances of finding a job so they stop looking for work. portion of unemployment that is due to changes in the structure of the economy that result in a significant loss of jobs in certain industries. unemployment that occurs during recessions and depressions.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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