Card 1 of 25
What causes cyclical unemployment?
A
A fall in total demand means firms need fewer workers.
B
Seaside-attraction staff laid off each autumn are seasonally unemployed because visitor demand follows the calendar.
C
Unemployment types need different responses because they have different causes.
D
A graduate taking six weeks to find a marketing job is frictionally unemployed because the job search takes time.
Card 1 of 25
3.2.5 Types of unemployment Flashcards
25 flashcards on OCR GCSE Economics 3.2.5 Types of unemployment: the key terms, formulae and calculations you need to recall for Component 01 and Component 02.