Poverty and employment

Indian Economy (Easy)

Title

45:30

Video Progress

8 of 24 completed

Notes Progress

5 of 15 completed

MCQs Progress

38 of 100 completed

Subjective Progress

8 of 20 completed

Continue to Next Topic

Indian Economy - Understanding the basics of Indian economic system

Next Topic

Download Solution PDF

Cyclical unemployment refers to

seasonal unemployment

disguised unemployment

voluntary unemployment

unemployment during recessionary phase of a trade cycle

Explanation:

Cyclical unemployment refers to unemployment during recessionary phase of a trade cycle.
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.

Trial Period Ended