Question : _____________________ refers to a situation in which all those people, who are willing and able to work at the existing wage rate, get work without any undue difficulty.
Option 1: Frictional employment
Option 2: Structural employment
Option 3: Full employment
Option 4: Involuntary unemployment
Correct Answer: Full employment
Solution : Full employment refers to a situation in which all those people, who are willing and able to work at the existing wage rate, get work without any undue difficulty.
Hence, Option C is correct.
Question : A situation in which a person is not willing to work at the existing wage rate.
Question : ______________ refers to that economic phenomena in which person are able and willing to work at the prevailing wage rate but failed to get work.
Question : The natural rate of unemployment refers to the:
Question : __________ unemployment refers to the lowest unemployment level a healthy economy can sustain without causing inflation.
Question : Those engaged in agriculture in India suffer from which of these unemployment types?
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