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You are a factory owner and have given employment to 400 workers. If 10 workers are retrenched by you without loss of production then this situation will be described as:
Due to introduction of new technology, workers may be replaced by machines leading to:
In disguised unemployment marginal productivity of labour becomes.
People who are unwilling to work at the existing wage rate are :
Measure which generally gives the lowest estimated of unemployment especially for poor economy:
The unemployment caused due to introduction of new machinery. Improvement in methods of production, Labour saving devices, etc.
The unemployment which is caused by the introduction of new machinery, improvement of production techniques, labour saving devices etc. is called :
A situation of employment in which a person is apparently employed but his contribution to the production is almost nil is called _________ unemployment: