If (a) = Involuntary unemployment; (b) = Disguised unemployment; (c) = Frictional unemployment; and (d)…
Full employment is consistent with frictional and structural unemployment. Workers may be between jobs or may lack the skills or location needed for available vacancies even…
Choose your answer
If
(a) = Involuntary unemployment;
(b) = Disguised unemployment;
(c) = Frictional unemployment; and
(d) = Structural unemployment,
then full employment is consistent with
Answer and explanation
Correct answer C
Full employment is consistent with frictional and structural unemployment. Workers may be between jobs or may lack the skills or location needed for available vacancies even when cyclical unemployment is absent.
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Tamil Nadu SET (TNSET)