Question

Consider the following types of unemployment:

Q: Answer- Consider the following types of unemployment: Frictional Unemployment Structural Unemployment ...

Cyclical Unemployment 3 Occurs due to economic downturns and recessions , when demand falls, leading to job losses. Frictional Unemployment 1 Happens when people switch jobs or enter the workforce . Structural Unemployment 2 Occurs when skills do not match job requirements , due to technological changes or industry decline.

Frictional Unemployment Structural Unemployment Cyclical Unemployment Which type of unemployment is primarily caused by economic downturns and recessions?

A 1 only

B 2 only

C 3 only

D 1 and 2 only

E 1, 2, and 3

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Consider the following types of unemployment:

Solution