wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

Economics QUIZ

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Q1. Which of the following is not considered in Problem of unemployment?

a)

Voluntary unemployment

b)

Involuntary unemployment

c)

Structural unemployment

d)

Frictional unemployment

2.

It refers to a situation when a person is capable to work, willing to work but not getting work??

a)

Structural unemployment

b)

Frictional unemployment

c)

Voluntary unemployment

d)

Involuntary unemployment

3.

Structural unemployment occurs due to:-

a)

Change in demand

b)

Change in supply

c)

Change in technology

d)

shortage of factors of production other than labour

e)

none of these

4.

It refers to the unemployment which occurs due to change in jobs

a)

Structural unemployment

b)

Voluntary unemployment

c)

Frictional unemployment

d)

None of these

5.

Which of the following unemployments exist even at full employment?

a)

Structural unemployment

b)

voluntary unemployment

c)

Involuntary unemployment

d)

Frictional unemployment

e)

None of these

6.

The minimum rate of unemployment which exists even at full employment is called......

a)

Structural unemployment

b)

Frictional unemployment

c)

Natural rate of unemployment

d)

None of these

7.

It refers to a situation when AD is equal to AS corresponding to full employment level..

a)

Underemployment equilibrium

b)

Full employment equilibrium

c)

Involuntary unemployment

d)

None of these

8.

It refers to situation when AD= AS not corresponding to full employment level in the economy

a)

Full employment equilibrium

b)

Voluntary unemployment

c)

Underemployment equilibrium

d)

None of these

9.

At full employment there is zero unemployment.

a)

True

b)

False

c)

Can’t say

10.

There is unemployment or excess capacity at full employment equilibrium

a)

True

b)

False

c)

Can’t say