Poverty and employment

Indian Economy (CDS)

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Cyclical unemployment refers to

seasonal unemployment

disguised unemployment

voluntary unemployment

unemployment during recessionary phase of a trade cycle

Explanation:

4th option is correct.
Cyclical unemployment is a factor of overall unemployment that relates to the cyclical trends in growth and production that occur within the business cycle. When business cycles are at their peak, cyclical unemployment will be low because total economic output is being maximized.

By: Abhipedia

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