Answer to Question #94449 in Macroeconomics for Nomthandazo

Question

which of the following statement regarding the types of unemployment is correct
(1) frictional unemployment is aused mainly by political frictional which gives rises to lower economic growth
(2) structural unemployment can be atributed mainly to a temporarily decline in the aggregate demand for goods and services
(3) an increase in aggregate demand for goods and services can reduce cyclical unemployment
(4) seasonal unemployment is usually associated with economic recessions

Answer 1

(3) an increase in aggregate demand for goods and services can reduce cyclical unemployment