Unemployment And Its Solutions Jamb Economics Past Questions
Question 21
The mobility of labour is mainly determined by
- A. the age of workers
- B. government policy
- C. trade unions
- D. wage rate differentials
Question 22
When a union is composed of workers with the same skill,it is termed
- A. a technical union
- B. a craft union
- C. an industrial union
- D. a workers' union
Question 23
A strategy for curbing unemployment is to
- A. implement government stabilization policy
- B. increase taxes and decrease government expenditure
- C. increase government expenditure and decrease taxes
- D. ensure even distribution of job opportunities
Question 24
A major disadvantage of the arithmetic means is that it is
- A. not useful for large data
- B. not suitable for further statistical analysis
- C. cumbersome to determine the actual value
- D. affected by extreme data
Question 25
If the labour force in a given community is 2,000,000, in the wage employment 200,000 and the unemployed are 80,000, what is the unemployment rate in the community?
- A. 0.4%
- B. 40.0%
- C. 10.0%
- D. 4.0%
