AE WEEK 5

What does the term 'Labor Force' refer to?

• Only unemployed individuals

• Both employed and unemployed individuals

• Only employed individuals

• Retirees and housewives

What is the formula to calculate the Unemployment Rate?

• (Number of Unemployed + Labor Force) x 100

• (Number of Employed / Labor Force) x 100

• (Labor Force - Number of Unemployed) x 100

• (Number of Unemployed / Labor Force) x 100

What type of unemployment occurs when there is a lack of demand for labor?

• Frictional Unemployment

• Structural Unemployment

• Cyclical or Demand Deficient Unemployment

• Seasonal Unemployment

What is the main cause of Disguised Unemployment?

• Absence of employment opportunities

• High Population Growth

• Changing Technology

• Slow developing industries

What is the primary sector involved in providing intangible products and services?

• Manufacturing Sector

• Industrial Sector

• Agricultural Sector

• Service Sector

What type of employment lasts for at least one year?

• Casual Employment

• Project Employment

• Regular Employment

• Seasonal Employment

What is the term used for employed persons who express the desire to have additional hours of work?

• Overemployed

• Underemployed

• Fully Employed

• Partially Employed

What are the positive effects of population growth?

• Poverty

• Social Problems

• Unemployment

• Defense

What is the term for moving to a new area due to difficulties?

• External Migration

• Internal Migration

• Pull Factors

• Push Factors

What is the main negative effect of population growth?

• Large Market

• Increase in Government Expenses

• Low per capita income

• Defense