Advertisements
Advertisements
प्रश्न
Unemployment is reduced due to the measures were taken by the government. State its economic value in the context of production possibilities frontier.
Advertisements
उत्तर
As the government implements various schemes to overcome the unemployment situation in an economy, there will be an increase in the employment level. So, the point which was within the production possibility curve (PPC) will become closer to PPC. This implies that the economy is operating on the PPC with better utilisation of resources and hence increased the level of output and income.
APPEARS IN
संबंधित प्रश्न
Explain the meaning of under-employment equilibrium. Explain two measures by which full-employment equilibrium can be reached.
Victor is able to get work only for two hours in a day. Rest of the day, he is looking for work. Is he unemployed? Why? What kind of jobs could persons like Victor be doing?
Find the odd word out:
Urban unemployment -
The unemployment rate for ____________ are found to be higher than for ____________.
Which of the following is false regarding the labour force?
Unemployed people is calculated as:
Why did the government shift its strategy from long term to short term programs to remove unemployment?
______ approach to measuring unemployment uses a reference period of 365 days.
______ approach to measuring unemployment seeks to ascertain the activity status of an individual for each day of the reference week.
'Ram is able to get work only for two hours in a day. Rest of the day, he is looking for work.' Is he unemployed? What kind of job could person like Ram be doing?
Complete the correlation:
______ : Disguised unemployment; Urban unemployment : Industrial unemployment
Complete the correlation :
______: Disguised unemployment; Urban unemployment : Industrial unemployment.
Which of the following is an economic impact of unemployment in India?
What is a common cause of unemployment in the Indian agricultural sector?
Which solution is suggested for reducing unemployment in India?
