Ask Question
BusinessBusiness
Today, 05:43

Cyclical unemployment is Question 47 options:

1. related to job search difficulties for potential workers.

2. a result of business recessions that occur when aggregate demand is insufficient to create full employment.

3. a result of a poor match of worker's abilities and skills with current requirements of employers.

4. a result of the seasonal pattern of work in specific industries.

+1
Answers (1)
  1. Today, 07:02
    0
    2) a result of business recessions that occur when aggregate demand is insufficient to create full employment.

    Explanation:

    There are 3 basic types of unemployment:

    frictional unemployment or voluntary unemployment that takes place when a worker quits his current job and starts to search for a better one. Structural unemployment is not voluntary and results from a mismatch in the workers' skills and abilities, and the skills and abilities required to perform certain jobs that are available. Cyclical unemployment is also not voluntary and is the result of economic recessions that lower the general employment level.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Cyclical unemployment is Question 47 options: 1. related to job search difficulties for potential workers. 2. a result of business ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Franklin Company issued a $40,000 note to the Mercantile Bank on August 1, Year 1. The note carried a one-year term and a 12% rate of interest.
Answers (1)
If a seller in a competitive market chooses to charge more than the going price, then: a. the sellers' profits must increase. b. the owners of the raw materials used in production would raise the prices for the raw materials. c.
Answers (1)
Darell Hair Stylists's adjusted trial balance and statement of owner's equity follow. Balance Account Balance Debit Credit Cash $1,000 Accounts Receivable 900 Office Supplies 600 Equipment 19,700 Accumulated Depreciation - Equipment $2,000 Accounts
Answers (1)
You want to format a partition with NTFS, and know that the data you'll be storing will consist mostly of many small files.
Answers (1)
True/False - According to CP-40 on Teams, Real estate brokers that function as teams should not advertise teams using the terms "realty", "real estate", "company", "corporation", "corp.", "inc.
Answers (1)
New Questions in Business
Equity is: A) funds invested in a company by shareholders B) dividends C) debt provided by a bank or online credit company D) payments made by customers to the customers to the company for units sold
Answers (2)
Oil Field Services has net income of $120,400, total assets of $1,219,000, total equity of $694,100, and total sales of $1,521,700. What is the common-size percentage for the net income?
Answers (1)
Choosing a home can be a very personal matter. Some people care most about the location, while others are most concerned about the size, style, and amenities.
Answers (1)
As a manager your organization is constantly confronted with a variety of changes in the market or a wide range of situations. You have to recruit and select a manager for a group of employees responsible for several related products.
Answers (1)
Floor Coverings reported the following summarized data at December 31, 2018. Accounts appear in no particular order, and all have normal balances. Prepare the trial balance of Smith Floor Coverings at December 31, 2018.
Answers (1)
Home » Business » Cyclical unemployment is Question 47 options: 1. related to job search difficulties for potential workers. 2. a result of business recessions that occur when aggregate demand is insufficient to create full employment. 3.
Sign Up Forgot Password?