Employment And Unemployment Quiz
A person lost his job due to economic recession. He agreed to do some job on a low wage. This is known to be as which among the following?
If a person is ready to work at the prevailing wage rate in the market, but he is unable to find the work, then what type of unemployment would it be called?
Which type of unemployment has the marginal productivity of the workers as zero?
What type of unemployment is found in developed countries?
The term “Open Unemployment” is used when:
people are not willing to work
people are willing to work but not get work
people leave their jobs in search of better ones
Workforce refers to that part of:
Labour force which is employed
Polpulation which is unemployed
Labour force which is unemployed
Cyclical and frictional unemployment are found in....... ?
Less developed and developing countries both
Less developed countries
Who developed the concept of disguised unemployment?
What is the right formula to know the unemployment rate?
Total number of unemployed / total labour force X 100
Total labour force / Total number of unemployed x 100
Total number of unemployed / total labour force x 1000
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