Tag: economics

Quizzes (361) Questions (3598)

Questions Related to economics

Multiple choice economics unemployment in india types of unemployment unemployment and measures to remove employment and unemployment in india - problems and policies

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
Reveal answer Fill a bubble to check yourself
C Correct answer
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. 
Multiple choice economics unemployment in india types of unemployment unemployment and measures to remove employment and unemployment in india - problems and policies

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
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Frictional unemployment occurs when individuals are between jobs, often because they are seeking better employment opportunities or have left their previous role.

Multiple choice economics unemployment in india types of unemployment unemployment and measures to remove employment and unemployment in india - problems and policies

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
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Structural unemployment arises when there is a fundamental mismatch between the skills workers possess and the skills required by employers in the current job market.

Multiple choice economics unemployment in india types of unemployment unemployment and measures to remove employment and unemployment in india - problems and policies

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
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

When additional workers are added to a farm but the total output does not increase, those workers are effectively redundant, which is the definition of disguised unemployment.

Multiple choice economics unemployment in india types of unemployment unemployment and measures to remove employment and unemployment in india - problems and policies

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

  1. cyclical unemployment

  2. seasonable unemployment

  3. disguised unemployment

  4. temporary unemployment
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Cyclical unemployment is caused by fluctuations in the business cycle, such as recessions or economic downturns, which reduce the demand for labor.

Multiple choice economics unemployment in india types of unemployment unemployment and measures to remove employment and unemployment in india - problems and policies

Unemployment caused by trade cycles is known as_____.

  1. cyclical unemployment

  2. seasonal unemployment

  3. long term unemployment

  4. disguised unemployment
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Trade cycles, also known as business cycles, cause cyclical unemployment when the economy experiences periods of contraction.

Multiple choice economics unemployment in india types of unemployment unemployment and measures to remove employment and unemployment in india - problems and policies

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

  1. cyclical

  2. frictional

  3. technological

  4. disguised
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Technological unemployment occurs when advancements in technology, such as the introduction of ATMs, replace the need for human labor in specific roles.

Multiple choice economics unemployment in india types of unemployment unemployment and measures to remove employment and unemployment in india - problems and policies

During general downturn of business activities we find _______.

  1. seasonal unemployment

  2. cyclical unemployment

  3. frictional unemployment

  4. structural unemployment
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

A general downturn in business activities leads to a decrease in aggregate demand, which results in cyclical unemployment.

Multiple choice economics unemployment in india types of unemployment unemployment and measures to remove employment and unemployment in india - problems and policies

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

  1. disguised

  2. chronic

  3. technological

  4. structural
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Disguised unemployment occurs when more people are employed than are actually needed for a task. Because the marginal productivity of these extra workers is zero or negative, their removal would not decrease total output.