a. Has a different explanation than does the natural rate of unemployment.
b. Refers to the year-to-year fluctuation in unemployment around an economy's natural rate of unemployment.
c. Is closely associated with short-run ups and downs of economic activity.
d. All of the above are correct.
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Home » Business » Cyclical unemployment select one: a. Has a different explanation than does the natural rate of unemployment. b. Refers to the year-to-year fluctuation in unemployment around an economy's natural rate of unemployment. c.