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Nikitich [7]
3 years ago
9

The increase in unemployment that occurs during recessions and depressions is called Group of answer choices normal unemployment

. cyclical unemployment. frictional unemployment. structural unemployment.
Business
1 answer:
belka [17]3 years ago
7 0

Answer:

cyclical unemployment.

Explanation:

Unemployment rate refers to the percentage of the total labor force in an economy, who are unemployed but seeking to be gainfully employed. The unemployment rate is divided into various types, these include;

I. Cyclical unemployment rate (CU).

II. Frictional unemployment rate (FU).

III. Structural unemployment rate (SU).

IV. Actual unemployment rate (AU).

V. Natural Rate of Unemployment (NU).

A cyclical unemployment can be defined as a type of unemployment which is typically related to changes in the business, economy or industry cycle such as recession, governmental policies etc.

Mathematically, cyclical unemployment rate can be calculated using the formula;

Cyclical \; unemployment \; rate \;  (CU) = Actual \; unemployment \; rate \; (AU) - Natural \;unemployment \; rate \; (NU)

Hence, the increase in unemployment that occurs during recessions and depressions is called cyclical unemployment

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Todd wants to be sure everyone gets the message about a special speaker coming to their next meeting, so he should use a lot of
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Answer:

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3 years ago
If a surfboard is produced this year, but not sold until next year, how is it counted in this year's gdp and not next year's?
Natasha_Volkova [10]

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If actions of the chinese government caused a shortage of domestic currency, then the exchange rate would be
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Ksju [112]

Answer:

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Explanation:

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3 years ago
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4 0
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