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    Economics B A-Level

    Cyclical unemployment

    What Cyclical unemployment means in Economics B A-Level, as defined for Pearson Edexcel.

    Definition of Cyclical unemployment

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    Reference: Pearson Edexcel

    Unemployment that falls when an outward shift in aggregate demand increases real output, as firms hire more workers.
    Pearson Edexcel · The AD/AS model (study guide)

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