Question
Which of the following is the best example of cyclical unemployment? Answers: A. Allison, a recent high school graduate with high aspirations, is seeking a
Which of the following is the best example of cyclical unemployment?
Answers:
A. Allison, a recent high school graduate with high aspirations, is seeking a job as the CEO of a Fortune 500 company.
B. John is a house painter in northern Michigan. During the winter months, John is unemployed.
C. Heather recently graduated with her doctorate in economics. She is searching for a job that matches her skills.
D. Peter, a highly skilled construction worker, lost his job when the recession began. He is looking for work, but demand in the construction industry is still low.
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