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A period when economic activity slows and unemployment increases is called a what?
America
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What is the unemployment produced by fluctuations in economic activity called?
The unemployment produced by fluctuations in economic activity is called
What is a period when economic activity slows and unemployment increases called?
This period if time is known as a recession.
What is disguised unemployment?
When more people are engaged in some activity than the number of person required for that , this is called disguised unemployment . For example : An agricultural field require 4 labourers but people engaged in this activity is 6 then this unemployment for 2 labours is called disguised unemployment
What are some features of 'disguised unemployment'?
When more people are engaged in some activity than the number of person required for that , this is called disguised unemployment . For example : An agricultural field require 4 labourers but people engaged in this activity is 6 then this unemployment for 2 labours is called disguised unemployment
What is disguising?
When more people are engaged in some activity than the number of person required for that , this is called disguised unemployment . For example : An agricultural field require 4 labourers but people engaged in this activity is 6 then this unemployment for 2 labours is called disguised unemployment
Policy that influences inflation unemployment taxes and general economic prosperity or depression is called?
economic policy
What is the peak of economic activity called?
prosperity
What party called for social political and economic reforms such as unemployment and old age insurance?
Socialist
What is a period of reduced economic activity called?
a recession or depression
When economic activity in an economy declines it is called?
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What is a period of low economic activity and rising unemployment called?
If it's a short downturn or slowdown during a business cycle, it's a recession. If it's a longer, sustained and more severe downturn, it's a depression.
What is it called when business activity slows prices and wages drop and unemployment rises?
the business cycle
