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WorksheetsEconomics QUIZ
Total questions: 10
Worksheet time: 5mins
Q1. Which of the following is not considered in Problem of unemployment?
Voluntary unemployment
Involuntary unemployment
Structural unemployment
Frictional unemployment
It refers to a situation when a person is capable to work, willing to work but not getting work??
Structural unemployment
Frictional unemployment
Voluntary unemployment
Involuntary unemployment
Structural unemployment occurs due to:-
Change in demand
Change in supply
Change in technology
shortage of factors of production other than labour
none of these
It refers to the unemployment which occurs due to change in jobs
Structural unemployment
Voluntary unemployment
Frictional unemployment
None of these
Which of the following unemployments exist even at full employment?
Structural unemployment
voluntary unemployment
Involuntary unemployment
Frictional unemployment
None of these
The minimum rate of unemployment which exists even at full employment is called......
Structural unemployment
Frictional unemployment
Natural rate of unemployment
None of these
It refers to a situation when AD is equal to AS corresponding to full employment level..
Underemployment equilibrium
Full employment equilibrium
Involuntary unemployment
None of these
It refers to situation when AD= AS not corresponding to full employment level in the economy
Full employment equilibrium
Voluntary unemployment
Underemployment equilibrium
None of these
At full employment there is zero unemployment.
True
False
Can’t say
There is unemployment or excess capacity at full employment equilibrium
True
False
Can’t say
