How can unemployment influence the economic cycle?

Sagot :

Answer:

  • Unemployment, inflation and economic growth tend to change cyclically over time. The four phases of the business cycle: ... expansion (recovery) is when output is increasing, unemployment begins to fall and later inflation begins to rise.

Explanation:

#CaryOnLearning

Answer:

it can cause chaotic incidents, because unemployment causes stress and anxiety which can develop to a mental illness, another influence of unemployment is poverty, and starvation.