Poverty and employment

Indian Economic System(MPPCS)

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Cyclical unemployment means:

Unemployment during recessionary phase of a trade cycle

Disguised unemployment

Seasonal unemployment

Voluntary unemployment

Explanation:

1st 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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