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      Question

      The unemployment generated due to change in market

      conditions (change in demand and supply conditions) 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 labor force is either left without work or is working in a redundant manner where worker productivity is essentially zero

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