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2.1 Measures of economic performance

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Question 29

Refer to the table below relating to the Republic of Varlia.

YearUnemployment rate (% of active labor force)
20194.1
20207.2
20218.5
20226.8
20235.0
20244.3

Which one of the following types of unemployment best explains the change in the Varlian unemployment data between 2019 and 2021?

Structural

Frictional

Cyclical

Seasonal

2.1 Measures of economic performance Questions

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  3. /2.1 Measures of economic performance