Economics MQC

Person working for Eight hours per day i.e.. 273 days of year is considered as

• Employed

• Unemployed

• Full Employment

In which years unemployment rate was 2.4%

• 1999 - 2000

• 2011 - 2012

• 2004 - 2005

Which is generally a form of open unemployment

• Educated unemployment

• Frictional unemployment

• Industrial Unemployment

Which of the following is Economic effects of Unemployment

• Loss of human dignity

• Growth of informal sector

• Social tension and unrest

Identify the concept

Hussain Shaikh employed seven workers less than the usual number of workers on his farm, in spite of this, output remained the same.

• Seasonal unemployment

• Disguised unemployment

• Technological unemployment