Question
When the productive capacity of the economic systems of a state is inadequate to create sufficient number of jobs, it is called
Answer: Option D
Answer: (d)
Cyclical unemployment is unemployment that results when the overall demand for goods and services in an economy cannot support full employment.
It occurs during periods of slow economic growth or during periods of economic contraction.
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Answer: (d)
Cyclical unemployment is unemployment that results when the overall demand for goods and services in an economy cannot support full employment.
It occurs during periods of slow economic growth or during periods of economic contraction.
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