Tag: economics

Questions Related to economics

Which type of unemployment takes place in the economy when there is a business downturn?

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

  1. Frictional unemployment.

  2. Structural unemployment.

  3. Cyclical unemplyment.

  4. Unstructured unemployment.

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Correct Option: C

In disguised unemployment marginal productivity of labour becomes___.

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

  1. zero

  2. one

  3. infinite

  4. doubles

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Correct Option: A

When 5 workers are sufficient and 7 workers are actually employed, then the number of disguised unemployed is___.

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

  1. 5

  2. 7

  3. 2

  4. 12

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Correct Option: C

Disguised Unemployment in India is maximum in___.

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

  1. agricultural sector

  2. secondary sector

  3. tertiary sector

  4. none of the above

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Correct Option: A

Disguised employment refers to____.

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

  1.  a situation where there are more employees and some having zero marginal productivity

  2. less employees plus zero marginal productivity

  3. both of the above

  4. none of the above

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Correct Option: A

A situation of employment in which a person is apparently employed but his contribution to the production is almost nil is called ______ unemployment.

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

  1. structural

  2. chronic

  3. disguised

  4. cyclical

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Correct Option: C

Which of these explains Disguised Unemployment?

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

  1. When manual effort is replaced by mechanical effort and thereby workers are rendered jobless.

  2. When extra workers are employed and their removal will not affect the volume of total output.

  3. When these is a deadline in demand for production in particular industry.

  4. When industries offer employment for only a certain period of time in a year.

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Correct Option: B

Which of the following statements is false?

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

  1. Minimization of unemployment rate is an accepted goal of macroeconomic policy.

  2. Business Cycle have no effect on unemployment rates.

  3. During a recession, when output falls, the demand for labour falls and the unemployment rate increases.

  4. During a boom, the unemployment rate falls as the demand for labor increases.

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Correct Option: B

Which of these explains technological Unemployment?

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

  1. When manual effort is replaced by mechanical effort and thereby workers are rendered jobless.

  2. When extra workers are employed and their removal will not affect the volume of the total output.

  3. When these is a decline in demand in production in particular industry.

  4. When industries offer employment for only a certain period of time in a year.

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Correct Option: A

When unemployment tends to be long-term feature of a country, it is called ______ unemployment.

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

  1. open

  2. disguised

  3. chronic

  4. technological

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Correct Option: C