📝 Multiple Choice Question
Economics
Unemployment that occurs during recessions and depressions are called as .
A
Cyclical unemployment
B
Frictional unemployment
C
Structural unemployment
D
Seasonal unemployment
Explanation
Cyclical unemployment is most directly and firmly linked to broad macroeconomic fluctuations, rising significantly during sharp economic downturns or severe recessions when aggregate consumer demand for goods and services massively falls.
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