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JAMB Economics 1985 Question 49

Question 49

Labour Market

The unemployment associated with a recession is called

  1. A.voluntary
  2. B.frictional
  3. C.cyclical
  4. D.structural
  5. E.disguise
Show the answer and explanation

Answer: C (cyclical)

Explanation

Unemployment caused by a fall in total demand during the downswing (recession) of the trade cycle is cyclical unemployment.