📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store

    • Question

      The unemployment generated in a situation where a large

      section of the labour force does not get a job that may yield them regular income, is called as?
      A Open Unemployment Correct Answer Incorrect Answer
      B Under Unemployment Correct Answer Incorrect Answer
      C Frictional Unemployment Correct Answer Incorrect Answer
      D Disguised unemployment Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Open Unemployment a situation where a large section of the labour force does not get a job that may yield them regular income. Underemployment is a situation in which a worker is employed, but his or her work hours and/or wages have been reduced other than at the worker's request Disguised unemployment exists where part of the labour force is either left without work or is working in a redundant manner where worker productivity is essentially zero Frictional Unemployment is the unemployment generated due to change in market conditions (change in demand and supply conditions).

      Practice Next
      ask-question