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Cyclical unemployment refers to unemployment associated with ______. a. misguided government spending programs b. contractionary monetary...

Cyclical unemployment refers to unemployment associated with ______.

a. misguided government spending programs

b. contractionary monetary policy

c.periodic upswings and downswings in the economy

d.mismatches between the skills of workers and the needs of employers

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Answer #1

a) Cyclical unemployment is the situation when the workers have lost there job due to reduction in the demand and a downturn in the economy. the answer is "C", periodic upswing and downswing in the economy.

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