Economics · Economy
Consider the following statements regarding different forms of unemployment: I. Unemployment caused by technological changes leading to skill mismatch is generally classified as structural unemployment. II. Unemployment occurring during job transitions and search periods is referred to as frictional unemployment. III. Surplus labour in agriculture, where marginal productivity is zero, represents disguised unemployment. IV. Cyclical unemployment primarily arises due to seasonal variations in agricultural output. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1I, II and III only✓
- 2I and IV only
- 3II, III and IV only
- 4I, II, III and IV
Correct answer
I, II and III only
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