Unemployment And Its Solutions Jamb Economics Past Questions
Question 1
The group of unemployed members of a community who are physically handicapped or disable, is generally classified under unemployment as?
- A. frictional
- B. cyclical
- C. residual
- D. hidden
Question 2
There is unemployment of resources when production is
- A. within the production possibility curve
- B. outside the production possibility curve
- C. along the production possibility curve
- D. adequate to meet market demand
Question 3
The type of unemployment found among workers who leave their jobs in search of other jobs is termed
- A. seasonal unemployment
- B. structural unemployment
- C. frictional unemployment
- D. cyclical unemployment
Question 4
Local firms can help in reducing unemployment in a country when
- A. land acquisition becomes centralized
- B. imports of substitutes are reduced
- C. waste in the firm is eliminated
- D. subsidies to firms are decreased
Question 5
The number of people who are qualified to work and who offer themselves for employment is called____________?
- A. Migrant labour
- B. Working population
- C. Labor turnover
- D. Mobility of Labour