ECONOMICS
FISCAL POLICY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which type of unemployment is due to changes in the business cycle?
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frictional
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seasonal
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structural
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cyclical
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Explanation:
Detailed explanation-1: -Cyclical unemployment is a type of unemployment where labor forces are reduced as a result of business cycles or fluctuations in the economy, such as recessions (periods of economic decline).
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