WAEC Economics 2014 Objective — Question 32

Question 32 of 50 from the West African Examinations Council (WAEC) Economics 2014 Objective paper, with the correct answer and a full explanation.

Cyclical unemployment is associated with

A. inadequate information
B. trade fluctuationsCorrect
C. structural changes
D. seasonal changes

Explanation

Trade fluctuation is the cause of cyclical unemployment. When there is a boom, people get jobs, and when there is depression, unemployment level increases.

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