Following the financial crises of 2008-2009, the UK experienced its wors recession in almost 50 years, and as a consequence unemployment rose quickly The best description of the type of unemployment caused in this circumstanc would be ABUD А C cyclical. structural. seasonal. frictional.
Following the financial crises of 2008-2009, the UK experienced its wors recession in almost 50 years, and as a consequence unemployment rose quickly The best description of the type of unemployment caused in this circumstanc would be ABUD А C cyclical. structural. seasonal. frictional.
Macroeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506756
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter8: Economic Fluctuations, Unemployment, And Inflation
Section: Chapter Questions
Problem 5CQ
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![Question 6
Following the financial crises of 2008-2009, the UK experienced its worst
recession in almost 50 years, and as a consequence unemployment rose quickly.
The best description of the type of unemployment caused in this circumstance
would be
ABCD
cyclical.
structural.
seasonal.
frictional.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2e49b04c-968c-4b97-8b25-3622c9d53275%2F4c491bc4-b86d-4392-ad30-fd5ddb5da1f3%2Fsimywi_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Question 6
Following the financial crises of 2008-2009, the UK experienced its worst
recession in almost 50 years, and as a consequence unemployment rose quickly.
The best description of the type of unemployment caused in this circumstance
would be
ABCD
cyclical.
structural.
seasonal.
frictional.
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