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PRC-3 · Chapter 18 · Question 8 of 33

A worker is employed at a ski resort in the mountains. During the summer, there is no snow and the resort closes, leaving the worker jobless for four months. This is known as:

Test yourself: pick an answer

Reveal answer & explanation

Correct answer: B) Seasonal unemployment

Explanation

Seasonal unemployment occurs because certain industries (like agriculture, tourism, and holiday retail) only require labor during specific times of the year.

All 33 questions in Chapter 18Inflation and Unemployment MCQs with answers

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