Question

15.Distinguish between various unemployment types.

Answer 1

Answer:

There are four main types of unemployment in an economy—frictional, structural, cyclical, and seasonal—and each has a different cause.

Frictional unemployment. ...

Structural unemployment. ...

Cyclical unemployment. ...

Seasonal unemployment.

Explanation:

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Answer 2

There are four main types of unemployment in an economy—frictional, structural, cyclical, and seasonal—and each has a different cause. Frictional unemployment. Frictional unemployment is caused by temporary transitions in workers' lives, such as when a worker moves to a new city and has to find a new job.

Explanation:

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