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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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The economy is currently in long-run equilibrium. If the central bank increases the money supply, in the long run the price level will raises.

<h3>What is long-run equilibrium?</h3>

The term “long-run equilibrium” is used in economics to represent a theoretical idea in which all markets are in equilibrium and all prices and quantities have fully adjusted to achieve equilibrium.

The long-run differs from the short-run, which has some limitations and markets that are not entirely balanced.

Currently, the economy is in long-run balance. If the central bank expands the money supply, the price level will rise in the long run.

Therefore, in the long run, the price level will raise as the central bank increases the money supply.

To learn more about the money supply, refer to:

brainly.com/question/14041873

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You are a delivery manager introducing a new product from your unit to the market. What steps should you take to mitigate any IP
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