When the economy goes into recession, the biggest increase in unemployment is ________. A. structural because jobs

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When the economy goes into recession, the biggest increase in unemployment is ________.

A. structural because jobs are lost in most states B. cyclical because jobs are lost in many industries as they cut production C. frictional because the creation of jobs slows D. the combination of structural and frictional as few new jobs are created

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Essential Foundations Of Economics

ISBN: 9781786633255

8th Edition

Authors: Robin Bade, Michael Parkin

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