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    Question

    The unemployment generated in a situation where a large

    section of the labour force does not get a job that may yield them regular income, is called as?
    A Open Unemployment Correct Answer Incorrect Answer
    B Under Unemployment Correct Answer Incorrect Answer
    C Frictional Unemployment Correct Answer Incorrect Answer
    D Disguised unemployment Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Open Unemployment a situation where a large section of the labour force does not get a job that may yield them regular income. Underemployment is a situation in which a worker is employed, but his or her work hours and/or wages have been reduced other than at the worker's request Disguised unemployment exists where part of the labour force is either left without work or is working in a redundant manner where worker productivity is essentially zero Frictional Unemployment is the unemployment generated due to change in market conditions (change in demand and supply conditions).

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