Question

Christine is an unemployed stenographer who cannot find work in Florida. There are several companies hiring stenographers in New York. Christine is
a.Structurally unemployed
b.Cyclically unemployed
c.Frictionally unemployed
d.Employed
e.Not employed

Answer 1

Answer:

Option (b) is correct.

Explanation:

Cyclical unemployment refers to the unemployment that occured because of the fall in the demand for goods and services in an economy. It is largely affected by the fluctuations in economic growth of a country. When the overall demand for goods and services are not matched with the full employment in an economy. This unemployment is mostly occured when the economy of a country is contracting.