Question

    When a business company changes its business over a long

    period of time then which type of unemployment occurs generally?
    A Structural unemployment Correct Answer Incorrect Answer
    B Frictional unemployment Correct Answer Incorrect Answer
    C Cyclical unemployment Correct Answer Incorrect Answer
    D Institutional unemployment Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Cyclical unemployment is a type of unemployment which is related to the cyclical trends in the industry or the business cycle.  The changes in the business cycle of the firm leads to cyclical unemployment.

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