All Courses
Get the App Signup / Login
Sign in Open App
Year 11 Exam  >  Year 11 Tests  >  Economics for GCSE/IGCSE  >  Test: Employment & Unemployment - Year 11 MCQ

Test: Employment & Unemployment - Year 11 MCQ


Test Description

10 Questions MCQ Test Economics for GCSE/IGCSE - Test: Employment & Unemployment

Test: Employment & Unemployment for Year 11 2024 is part of Economics for GCSE/IGCSE preparation. The Test: Employment & Unemployment questions and answers have been prepared according to the Year 11 exam syllabus.The Test: Employment & Unemployment MCQs are made for Year 11 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Employment & Unemployment below.
Solutions of Test: Employment & Unemployment questions in English are available as part of our Economics for GCSE/IGCSE for Year 11 & Test: Employment & Unemployment solutions in Hindi for Economics for GCSE/IGCSE course. Download more important topics, notes, lectures and mock test series for Year 11 Exam by signing up for free. Attempt Test: Employment & Unemployment | 10 questions in 20 minutes | Mock test for Year 11 preparation | Free important questions MCQ to study Economics for GCSE/IGCSE for Year 11 Exam | Download free PDF with solutions
Test: Employment & Unemployment - Question 1
Save

What defines employment in an economy?

Detailed Solution for Test: Employment & Unemployment - Question 1
Employment refers to the utilization of labor as a factor of production within an economy. It encompasses all individuals who are currently working or seeking employment actively.
Test: Employment & Unemployment - Question 2
Save

Which type of unemployment arises due to a decrease in aggregate demand within an economy?

Detailed Solution for Test: Employment & Unemployment - Question 2
Cyclical unemployment occurs when there is a downturn in the economy, leading to reduced demand for goods and services, and subsequently, a decrease in demand for labor.
1 Crore+ students have signed up on EduRev. Have you? Download the App
Test: Employment & Unemployment - Question 3
Save

What is the primary cause of structural unemployment?

Detailed Solution for Test: Employment & Unemployment - Question 3
Structural unemployment arises from a mismatch between the skills required by employers and the skills possessed by job seekers, often due to changes in the economy's industrial composition.
Test: Employment & Unemployment - Question 4
Save
How is frictional unemployment characterized?
Detailed Solution for Test: Employment & Unemployment - Question 4
Frictional unemployment occurs when individuals voluntarily leave their jobs to seek better opportunities or when entering the workforce for the first time, resulting in temporary joblessness.
Test: Employment & Unemployment - Question 5
Save
Which economic policy aims to increase total demand and reduce unemployment during economic slowdowns?
Detailed Solution for Test: Employment & Unemployment - Question 5
Demand-side policies, such as fiscal stimulus and expansionary monetary policy, aim to boost aggregate demand, thereby reducing unemployment during economic downturns.
Test: Employment & Unemployment - Question 6
Save
What is a consequence of unemployment on governments?
Detailed Solution for Test: Employment & Unemployment - Question 6
Unemployment leads to increased government spending on social welfare programs such as unemployment benefits, reducing available funds for other public expenditures.
Test: Employment & Unemployment - Question 7
Save
How do supply-side policies primarily address unemployment?
Detailed Solution for Test: Employment & Unemployment - Question 7
Supply-side policies focus on improving the quality and quantity of factors of production, which can lead to increased economic output and demand for labor, thereby reducing unemployment.
Test: Employment & Unemployment - Question 8
Save
Which measurement of unemployment considers individuals who have given up looking for work?
Detailed Solution for Test: Employment & Unemployment - Question 8
The ILO Labour Force Survey takes into account individuals who are unemployed and actively seeking work, as well as those who have given up looking for work due to discouragement.
Test: Employment & Unemployment - Question 9
Save
What characterizes full employment in an economy?
Detailed Solution for Test: Employment & Unemployment - Question 9
Full employment is achieved when all willing and able individuals who are seeking work are employed, reflecting optimal utilization of labor resources in the economy.
Test: Employment & Unemployment - Question 10
Save
How does protectionist policy impact employment?
Detailed Solution for Test: Employment & Unemployment - Question 10
Protectionist policies can protect jobs in domestic industries by restricting imports, but they may also lead to higher prices for consumers and potential job losses in other sectors reliant on imported goods.
71 videos|82 docs|39 tests
Join Course
Information about Test: Employment & Unemployment Page
In this test you can find the Exam questions for Test: Employment & Unemployment solved & explained in the simplest way possible. Besides giving Questions and answers for Test: Employment & Unemployment, EduRev gives you an ample number of Online tests for practice

Top Courses for Year 11

71 videos|82 docs|39 tests
Join Course
Download as PDF

Top Courses for Year 11

Important Questions for Employment & Unemployment

Find all the important questions for Employment & Unemployment at EduRev.Get fully prepared for Employment & Unemployment with EduRev's comprehensive question bank and test resources. Our platform offers a diverse range of question papers covering various topics within the Employment & Unemployment syllabus. Whether you need to review specific subjects or assess your overall readiness, EduRev has you covered. The questions are designed to challenge you and help you gain confidence in tackling the actual exam. Maximize your chances of success by utilizing EduRev's extensive collection of Employment & Unemployment resources.

Employment & Unemployment MCQs with Answers

Prepare for the Employment & Unemployment within the Year 11 exam with comprehensive MCQs and answers at EduRev. Our platform offers a wide range of practice papers, question papers, and mock tests to familiarize you with the exam pattern and syllabus. Access the best books, study materials, and notes curated by toppers to enhance your preparation. Stay updated with the exam date and receive expert preparation tips and paper analysis. Visit EduRev's official website today and access a wealth of videos and coaching resources to excel in your exam.

Online Tests for Employment & Unemployment Economics for GCSE/IGCSE

Practice with a wide array of question papers that follow the exam pattern and syllabus. Our platform offers a user-friendly interface, allowing you to track your progress and identify areas for improvement. Access detailed solutions and explanations for each test to enhance your understanding of concepts. With EduRev's Online Tests, you can build confidence, boost your performance, and ace Employment & Unemployment with ease. Join thousands of successful students who have benefited from our trusted online resources.
© EduRev
Education Revolution
Follow Us
Signup to see your scores go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup