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dedylja [7]
3 years ago
9

The increase in unemployment that occurs during recessions and depressions is called: Multiple choice question. structural unemp

loyment seasonal unemployment frictional unemployment cyclical unemployment
Business
1 answer:
Alchen [17]3 years ago
7 0

Answer:

Cyclical unemployment

Explanation

Unemployment is simply a state of joblessness.unemployment rate is said to be the percentage of the nation's labor force that is unemployed.

cyclical unemployment is simply a type of uneployment it usually arises during economic downturns and falls when the economy improves.it is caused by the upswings and downswings of business cycles in the economy.

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Cf3= 70,000 - 7,000= 63,000/1.04^3= $56,006.77

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