Cyclical unemployment results from:the everyday dynamics of a free labor market.technological change.the decreasing relative importance of goods and the increasing relative importance ofservices in the U.S. economy.O a deficiency of aggregate spending.

Cyclical unemployment is directly related to the economic cycle.

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Cyclical unemployment results from:

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Cyclical unemployment results from:
the everyday dynamics of a free labor market.
technological change.
the decreasing relative importance of goods and the increasing relative importance of
services in the U.S. economy.
O a deficiency of aggregate spending.

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