The percentage of labour force unemployment at any time__________________?

Related Mcqs:

1. A type of unemployment used by workers voluntarily changing jobs and by temporary layoffs; unemployment workers between jobs?

   A. Underemployment
   B. Frictional employment
   C. Temporary unemployment
   D. None of these

2. Labour force engage in Agriculture in economically developed nations ?

   A. 5%
   B. 10%
   C. 15%
   D. 2%

3. Urban migration is causing the labour force to grow at annual rates of _____________in LDC?

   A. 10-20%
   B. 5-7%
   C. 30-35%
   D. 35-40%

4. A type of unemployment caused by insufficient total spending___________________?

   A. Under employment
   B. Underdevelopment
   C. Cyclical unemployment
   D. None

5. Rates of open unemployment in developing world average ?

   A. 20-40%
   B. 8-15%
   C. 35-45%
   D. 40-60%

6. The price paid for the use of services of labour per unit of time is called__________________?

   A. Salary
   B. Income
   C. Wage
   D. All

7. A labour union which limits its membership to workers with a particular skill ?

   A. Labour union
   B. Craft union
   C. Credit union
   D. None

8. The part of the urban economy of LDC’s characterized by small competitive individual or family firms, labour intensive methods, free entry and market determined factor and product prices?

   A. Formal sector
   B. Informal sector
   C. Formal finance
   D. Informal finance

9. What percentage of Agriculture in GDP?

   A. 20.9
   B. 21.5
   C. 19.8
   D. 18.5

   Submitted by: Muhammad Ayaz Keerio

10. An increase either in real output (GDP) or in real output per capita is called___________________?

    A. Economic development
    B. Economic growth
    C. Growth rate
    D. Economic efficiency