Question
Which is the correct answer: Cyclical unemployment is defined as unemployment that: A.occurs when people become discouraged and stop looking for work. B.is due to
Which is the correct answer:
Cyclical unemployment is defined as unemployment that:
A.occurs when people become discouraged and stop looking for work.
B.is due to an economic contraction or recession.
C.occurs when people are searching for their first job.
D.is due to changes in the structure of an economy.
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Introduction to Econometrics
Authors: James H. Stock, Mark W. Watson
3rd edition
133595420, 978-0138009007, 138009007, 978-0133486872, 133486877, 978-0133595420
