Cyclical Unemployment

The following video explores the labor market effects and role in creating short-run recessionary or inflationary gaps, and in  re-establishing long-term equilibrium in the economy.

Source: Marginal Revolution University,
Creative Commons License This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 License.

Last modified: Friday, May 21, 2021, 4:06 PM