Tag: economics

Questions Related to economics

The type of unemployment where a person only appears to be working but adds no additional output to the activity is _______.

  1. open unemployment

  2. seasonal unemployment

  3. disguised unemployment

  4. none of the above


Correct Option: C
Explanation:
Disguised unemployment is a sort of unemployment in which people are visibly employed but are in fact unemployed. In simple words, here worker's productivity is zero. 
So, his absence or presence doesn't effects the overall output. 

The type of unemployment that includes those persons who are unemployed for an intervening period of change over in job for better job is known as _______.

  1. seasonal unemployment

  2. voluntary unemployment

  3. frictional unemployment

  4. technical unemployment


Correct Option: C

Unemployment due to a mismatch between skill possessed and present available jobs is known as _________.

  1. cyclical unemployment

  2. structural unemployment

  3. frictional unemployment

  4. seasonal unemployment


Correct Option: B

In an agricultural family all the family members are working the farmland of the family. Due to addition of two more person in the family they are also working in the farmland of the family with no additional increase in farm output. This type of unemployment is known as _________.

  1. cyclical unemployment

  2. disguised unemployment

  3. frictional unemployment

  4. seasonal unemployment


Correct Option: B

Unemployment caused due to cyclical changes in the economy are called __________.

  1. cyclical unemployment

  2. seasonable unemployment

  3. disguised unemployment

  4. temporary unemployment


Correct Option: A

Unemployment caused by trade cycles is known as_____.

  1. cyclical unemployment

  2. seasonal unemployment

  3. long term unemployment

  4. disguised unemployment


Correct Option: A

Retrenchment of staff due to introduction of ATMs in Banks is referred to ________ unemployment.

  1. cyclical

  2. frictional

  3. technological

  4. disguised


Correct Option: C

When a person is temporarily out of work while changing job it refers to ________ unemployment.

  1. frictional

  2. seasonal

  3. cyclical

  4. technological


Correct Option: A

During general downturn of business activities we find _______.

  1. seasonal unemployment

  2. cyclical unemployment

  3. frictional unemployment

  4. structural unemployment


Correct Option: B

In _________ unemployment, productivity of labour is nil or negative.

  1. disguised

  2. chronic

  3. technological

  4. structural


Correct Option: A