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प्रश्न
Unemployment is reduced due to the measures were taken by the government. State its economic value in the context of production possibilities frontier.
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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.
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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 -
Complete the correlation:
Seasonal unemployment.: Tourist guides;______________ : Graduates
Labour force refers to:
Which of the following is false regarding the labour force?
When a labour does not get employment opportunity despite his willingness to work at the existing wage rate.
Most of the disguised unemployed persons in India are found in:
Unemployed people is calculated as:
You are a factory owner and have given employment to 400 workers. If 10 workers are dismissed by you without loss of production then this situation will be described as ______
Which of the following are the salient features of the unemployment situation in India?
______ approach to measuring unemployment uses seven days preceding the date of the survey as the reference period.
Assertion (A): Unemployment and poverty are inseparable twins.
Reason(R): Unemployment is the root cause of all socio-economic evils
Defend or refute the following statement with a valid explanation:
‘Disguised unemployment is a common form of unemployment in rural India’
'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.
Explain the causes of unemployment in India.
Which solution is suggested for reducing unemployment in India?
