Economics · Unemployment
Which of the following scenarios serves as a direct example of cyclical unemployment?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Lay-offs caused by a recession in the building and construction industry✓
- 2Automation of ticketing services in the tourism and transport sectors
- 3Lay-offs among agricultural labourers during the winter season
- 4The entry of school leavers into the labour pool each year
Correct answer
Lay-offs caused by a recession in the building and construction industry
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