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Unemployment And Its Solutions - Economics Jamb Past Questions and Answers

Economics Questions And Answers On Unemployment And Its Solutions
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Economics Jamb Past Questions


Questions and Answers on Unemployment and its solutions

Question 11 :



Which of the following strategies will provide more employment opportunities for Nigerians?

A. Investment in social services
B. Industrialization
C. Economics planning
D. Eradication of illiteracy


Question 12 :



Frictional unemployment?

A. Is total unemployment minus structural unemployment
B. Occurs when the unemployed are persons with specific training
C. Occurs when the number of job seekers exceeds the number of vacancies
D. Occurs when people are changing jobs


Question 13 :



The group of unemployed members of a community who are physically handicapped or disabled, is generally classified under unemployment as?

A. Frictional
B. Cyclical
C. Residual
D. Hidden


Question 14 :



In the diagram above what happens when the minimum wage is fixed at OW?

A. Unemployment is reduced
B. Unemployment results
C. The demand schedule will shift
D. The supply schedule will become steeper


Question 15 :



What type of unemployment is revealed by the dotted lines on the graph?

A. Frictional unemployment
B. Cyclical unemployment
C. Circular unemployment
D. Underemployment






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