Question

37. Cyclical unemployment occurs: A. because the government labels some people who aren't really in the labor force as unemployed. B. with economic fluctuations; it increases during bad economic times. C. naturally during the normal workings of an economy, as people change jobs, move across the country, etc. D. because of a mismatch between the jobs that are available in the economy and the skills of workers seeking jobs.

Name: 37 cyclical unemployment occurs a because the government labels some people who arent really in the labor force as unemployed b with economic fluctuations it increases during bad economic times c natu
Uploaded: 2024-06-12T09:22:52-08:00
Duration: 1 min 13 s
Channel: Aparna Shakti
Description: 37 cyclical unemployment occurs a because the government labels some people who arent really in the labor force as unemployed b with economic fluctuations it increases during bad economic times c natu

          37. Cyclical unemployment occurs:
A. because the government labels some people who aren't really in the labor force
as unemployed.
B. with economic fluctuations; it increases during bad economic times.
C. naturally during the normal workings of an economy, as people change jobs,
move across the country, etc.
D. because of a mismatch between the jobs that are available in the economy and
the skills of workers seeking jobs.

Added by Loran L.

Principles of Economics

Gregory Mankiw 8th Edition

Instant Answer

Solved by Expert Aparna Shakti

06/12/2024

Step 1

- Cyclical unemployment is the type of unemployment that results from economic downturns or recessions. It is directly related to the economic cycle of growth and contraction. Show more…

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37. Cyclical unemployment occurs: A. because the government labels some people who aren't really in the labor force as unemployed. B. with economic fluctuations; it increases during bad economic times. C. naturally during the normal workings of an economy, as people change jobs, move across the country, etc. D. because of a mismatch between the jobs that are available in the economy and the skills of workers seeking jobs.