_____ unemployment attributable to the time required to match production activities with qualified resources.
Frictional
The correct answer is option 2. Frictional unemployment is the temporary unemployment that occurs when people are transitioning between jobs or entering the workforce for the first time. This type of unemployment occurs due to the time needed to match individuals with suitable production activities and qualified resources.
Important Questions from Unemployment & Poverty
________ arises when the qualification of a person is NOT sufficient to meet his/her job responsibilities.
Which of the following are regarded as the causes of poverty in India?
(i) Low resources endowment
(ii) Inequality in the distribution of income and assets
(iii) Lack of access to social services.
In 2005, an expert group was constituted by the Planning Commission to review methodology for poverty estimation. It was chaired by ____.
______ is a kind of unemployment in which there are people who are visibly employed but are actually unemployed or not utilizing their proper skills to its maximum level.
People who never move above the poverty line are referred as ______.
